Czech Radiocommunications will have a new owner. Investment funds managed by Macquarie Asset Management sell the company to Cordiant Digital Infrastructure funds after ten years.
Cordiant Digital Infrastructure is listed on the London Stock Exchange and invests primarily in the basic infrastructure of the digital economy – data centers, optical networks and broadcasting and telecommunications towers in the UK, Europe and North America. Its shareholders are diverse, from private individuals to fund managers. Unlike a traditional private or infrastructure fund, Cordiant’s capital is in the same regime as any other listed company and does not need to be repaid to shareholders.
“We are glad that we bought České Radiokomunikace from Macquarie. České Radiokomunikace is a national champion with an unrivaled portfolio of assets in a key European country. We look forward to continuing to build Czech Radiocommunications, together with their strong management team, employees and other important partners, as the leading digital infrastructure platform serving the broadcast, telecommunications and data center markets, ”said Steven Marshall, Chairman of the Board of Cordian Digital Infrastructure.
The terms of the transaction were not disclosed. “We are excited that we were able to find a new owner for the company, which will further strengthen the leading position of Czech Radiocommunications on the domestic market,” said Martin Gebauer, who was himself the CEO of Czech Radiocommunications, on behalf of Macquarie Asset Management.
Macquarie European Infrastructure Fund II (MEIF2), Macquarie European Infrastructure Fund III (MEIF3) and Macquarie Mercer Infrastructure Trust joined České Radiokomunikace in 2011. Hospodářské noviny wrote about the fact that a telecommunications company is for sale two years ago. In the summer of 2019 the Mergermarket server brought informationthat the PPF financial group was among the potential buyers.
České Radiokomunikace operates a network of 660 telecommunication transmitters, of which 86 are used for television broadcasting and 97 for radio signal transmission, and 3,730 kilometers of optical cables. In addition, they also offer cloud and data center services.
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