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M&A Deal Summary

United Group Acquires Tele2 AB - Croatian business

On May 31, 2019, United Group acquired communications company Tele2 AB - Croatian business from Tele2 for 220M EUR

Acquisition Highlights
  • This is United Group’s 1st transaction in the Communications sector.
  • This is United Group’s largest (disclosed) transaction.
  • This is United Group’s 1st transaction in Sweden.

M&A Deal Summary
Date 2019-05-31
Target Tele2 AB - Croatian business
Sector Communications
Buyer(s) United Group
Sellers(s) Tele2
Deal Type Divestiture
Deal Value 220M EUR

Target

Tele2 AB - Croatian business

Stockholm, Sweden
Tele2 AB's Croatian business is a provider of communication services in Stockholm, Sweden.

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Buyer(S) 1

Buyer

United Group

Hoofddorp, Netherlands
Category Company
Founded 2007
Sector Communications
DESCRIPTION

United Group is a media and communication services provider. United Group providing customers with a full range of telecommunications services. United Group was founded in 2007 and is based in Amsterdam, Netherlands.

DEAL STATS #
Overall 1 of 3
Sector (Communications) 1 of 3
Type (Divestiture) 1 of 1
Country (Sweden) 1 of 1
Year (2019) 1 of 2
Size (of disclosed) 1 of 2
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2019-11-11 Vivacom

Sofia, Bulgaria

Bulgarian Telecommunication Company EAD is a telecoms operator provides services including fiber broadband, mobile communications and digital TV to private and commercial customers. Vivacom is based in Sofia, Bulgaria.

Buy $1.2B

Seller(S) 1

SELLER

Tele2

Kista, Sweden
Category Company
Founded 1993
Sector Communications
Employees4,485
Revenue 29.1B SEK (2023)
DESCRIPTION

Tele2 is a telecom operator that offers mobile telephony and data, fixed broadband, and fixed telephony services. Tele2 was founded in 1993 and is based in Kista, Sweden.

DEAL STATS #
Overall 2 of 3
Sector (Communications) 2 of 3
Type (Divestiture) 2 of 3
Country (Sweden) 1 of 1
Year (2019) 1 of 1
Size (of disclosed) 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2016-08-23 Kombridge AB

Gothenburg, Sweden

Kombridge AB is a provider of security services, connected device management and application management for Internet of Things (IoT) applications and services.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-09-07 Odido

Den Haag, Netherlands

Odido is a telecom provider for consumers and businesses With the brands T-Mobile, Tele2, Simpel and Ben, customers have access to interactive TV, mobile and fixed internet and calling. Odido was founded in 1999 and is based in Den Haag, Netherlands.

Sell $5.1B
Mergr

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