EIGHT ADVISORY supported Northern Fiber Holding on their acquisition of sewikom

EIGHT ADVISORY GERMANY advised Northern Fiber Holding  (“NFH”) on their acquisition of sewikom (“the Company”), headquartered in Beverungen, Germany, a Telecommunications provider and fiber network operator.

Sewikom was founded in 2007 by Kai-Timo Wilke and is focusing on FTTH/B expansion by leveraging their own planning, assembly, operation and services in underserved areas of Germany. Today, the Company is active in the tri-border area of North Rhine-Westphalia, Lower Saxony and Hesse.

NFH as part of UBS Asset Management (UBS-AM) Real Estate & Private Markets (REPM) has acquired sewikom and plans to invest €1bn for the future fiber network expansion through Lünecom (acquired in August 2021) and sewikom. With UBS-AM REPM’s support, NFH plans to further extend the coverage of high-performance fiber networks within urban and rural areas in Germany. With the acquisition of sewikom, NFH has positioned itself broadly in the fiber optics market.

The Eight Advisory Germany team consisted of Michael Wahl (Managing Partner Germany), Thomas Gummert (Partner – Infrastructure & Project Finance), Emre Vanlioglu (Director), Baris Aldemir (Senior Manager), Johan Michel Lemmermann (Senior) and Marina Deiss (Senior) and was responsible for the financial buy-side due diligence.

Marc Niclas and Dominik Schmidt were responsible for the Tax Due Diligence and Tax Structuring.