Equistone-backed Amadys completed the acquisition of SKG Netzwerktechnik and Muth Kommunikationstechnik.

Equistone-backed Amadys, a provider of passive network equipment solutions, completed the acquisition of SKG Netzwerktechnik, a supplier of active and passive products for telecom and datacom networks, and Muth Kommunikationstechnik, a specialist wholesaler for electrical and communication technology. Financial terms were not disclosed. "We are delighted that SKG and Muth, two leading suppliers of active and passive equipment solutions in Austria and Germany, will join our group. I’m convinced that the parties involved will benefit from joining forces. Fibre To The Home roll-outs are in an early stage in Germany and Austria but growing very fast, so by strengthening our footprint in the DACH region, we will be in a better position than ever to actively support the future needs of our customers," Arthur Graevendiek, Amadys Managing Director.