6. November 2024

BLOK advises the shareholders of the GFS Group on the sale of the company

BLOK advises the shareholders of the GFS Group on the sale of the company

Salzhausen, September 18, 2024. BLOK Management acted as the exclusive M&A advisor to the shareholders of German Fiber Solution GmbH & Co. KG, German Fiber Service GmbH & Co. KG, and German Fiber Solution Verwaltungs GmbH (GFS) on their sale to an undisclosed investor.

GFS is one of the leading general contractors for the expansion of passive fiber optic networks in Germany. The company offers an integrated service approach, covering everything from project management and planning to fiber optic installation, documentation and maintenance.

The Buyer is a multidisciplinary provider of utility networks and has experienced considerable growth in recent years, both organically and through strategic acquisitions. With an annual turnover in excess of 1 billion euros, the Group is well-placed to pursue its ambitious growth targets and consolidate its position in the German telecommunications market.

Stephan Neumann, CEO of German Fiber Solution, comments:
„BLOK’s support and extensive experience in the fiber optic market proved invaluable in enabling us to achieve this result. The team’s performance has been exemplary. The new owner has emerged as an ideal partner for the next phase of growth. The demand for fiber infrastructure remains substantial, and we are confident that, in collaboration with the new owner, we will secure a significant market share.“

Please contact us for further information or inquiries.

We are happy to advise you

Marcel Brix

Managing Director | BLOK Management GmbH

Oliver Kolb

Managing Director | BLOK Management GmbH

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