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Announced

Deutsche Beteiligungs-backed Vitronet completed the acquisition of Meyer Strassenbau.

Synopsis

Deutsche Beteiligungs-backed Vitronet, a telecommunication infrastructure services provider, completed the acquisition of Meyer Strassenbau, a civil engineering consultant. FInancial terms were not disclosed. “The Meyer Strassenbau Group is a valuable reinforcement for the vitronet Group. Fiber optic expansion has developed into a major growth driver in the Meyer Strassenbau Group in recent years.This creates many synergies between us. The expertise in sewer construction is also an essential part of the value chain along with the nationwide energy infrastructure expansion," Marc Lützenkirchen, Vitronet CEO.

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