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New Deal


Announced

Mutares to acquire the Polish high voltage business of Eltel.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Acquisition

Cross Border

Pending

Single Bidder

Poland

electrical power solutions

Energy / Utility Services

Majority

Private

Private Equity

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Synopsis

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Mutares, a private equity firm, agreed to acquire the Polish high voltage business of Eltel, a Nordic service provider for critical infrastructure that enables renewable energy and high-performing communication networks. Financial terms were not disclosed. "We are satisfied to find a new owner in Mutares, who can continue to develop the Polish business. The transaction creates value for us and our shareholders by minimizing complexity and risks associated with project business outside Nordics. The Eltel Group Management team will focus on executing on our new strategy by developing new service offerings and broadening our customer base in our core markets," Håkan Dahlström, Eltel President and CEO.

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