Brussels, 11 August 2022
The European Commission has approved, under the EU Merger Regulation, the acquisition of joint control of Deutsche GigaNetz GmbH (‘DGN’), by DG Fibre Holding Limited (‘DG Fibre’), both of Germany, and Infrafibre Sàrl of Luxembourg.
DGN is active as a fully integrated fiber-to-the-home (FTTH) telecommunications provider for private, commercial and carrier customers in Germany. DG Fibre is a holding company owned by an infrastructure fund managed by InfraRed Capital Partners Limited. Infrafibre is a portfolio company of a European infrastructure fund managed by subsidiaries of DWS Group GmbH & Co KGaA. The Commission concluded that the proposed acquisition would raise no competition concerns, given the lack of overlaps and the very limited vertical links between the companies’ activities. The transaction was examined under the simplified merger review procedure. More information is available on the Commission’s competition website, in the public case register under the case number M.10801.
Source – EU Commission