Asterion Industrial and Teras Capital completed the acquisition of Olivenet.

Asterion Industrial, an investment company, and Teras Capital, a private equity firm, completed the acquisition of Olivenet, a telecommunications provider. Financial terms were not disclosed. “We are extremely happy about the partnership with Teras Capital and are looking forward to continuing to invest in the rural fibre space, this time in the Spanish market. We are excited to support Olivenet’s growth journey and are especially proud that the rural telecom fibre platform we will be rolling out will benefit municipalities and households in rural areas, improving their access to critical digital infrastructure,” Guido Mitrani, Asterion Industrial Founding Partner.