Announced
Completed
Financials
Sources
Tags
construction company
Construction Services
Cross Border
Majority
Friendly
Germany
Acquisition
Private
Completed
Single Bidder
Synopsis
Circet, a telecommunications company, completed the acquisition of MAM-Bau, a telco-focused civil engineering company. Financial terms were not disclosed. “The addition of MAM-Bau provides Circet Deutschland with enhanced technical capabilities and geographic coverage in the dynamic German FTTH construction market. We are very excited to welcome Musa, Ali, Mehmed and all MAM-Bau employees to drive additional value to our customers and complement our turnkey services offering," Michael Hegemann, Circet CEO.
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