Funds managed by Macquarie Asset Management have announced the sale of České Radiokomunikace to Cordiant Digital Infrastructure. Financial terms of the deal were not disclosed.
České Radiokomunikace is a leading telecommunications, media and technology infrastructure and services provider in the Czech Republic. České Radiokomunikace operates a portfolio of 660 telecommunications towers, with 86 television and 97 radio broadcasting sites, and 3,730-kilometres of fibre.
In addition to supporting nationwide broadcasting and connectivity, České Radiokomunikace offers cloud and data centre solutions, and has led the development of internet-of-things technology throughout the country.
Martin Gebauer, Head of Central and Eastern Europe for Macquarie Asset Management’s Infrastructure team, said: “We are proud to have supported České Radiokomunikace’s growth story over the past decade as it has evolved from a traditional broadcasting infrastructure owner and operator, into a leading digital infrastructure platform.
“We have enjoyed working closely with České Radiokomunikace’s dedicated team to facilitate this transformation and are delighted to have found a new owner who can help to further cement its leading position in the Czech market.”
Steven Marshall, Chairman of Cordiant Digital Infrastructure, said: “We are delighted to have acquired České Radiokomunikace from Macquarie. České Radiokomunikace is a national champion with an unrivalled portfolio of assets in a core European country. We are delighted to be partnering with their strong management team, its employees and other stakeholders in order to continue building České Radiokomunikace as a leading digital infrastructure platform serving the broadcast, telecommunications and data centre markets.”
Macquarie European Infrastructure Fund II (MEIF2), Macquarie European Infrastructure Fund III (MEIF3), and Macquarie Mercer Infrastructure Trust invested in České Radiokomunikace in 2011. Since then, České Radiokomunikace has led the transition to second-generation terrestrial digital video broadcasting (DVB-T2) and digital audio broadcasting. České Radiokomunikace has also invested to support the rollout of 5G and developed a market leading offering across internet-of-things, cloud services and data centres.
Macquarie Asset Management is a long-term investor in the Czech Republic’s essential infrastructure. Today, its funds manage investments in GasNet, the operator of a 65,000-kilometre gas distribution network with 2.3 million connections across the country.
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