Eight Advisory supported Circet in its acquisition of Salko-Bau GmbH

Circet is the leading service provider for the construction and maintenance of telecoms infrastructure in Europe. As the market leader in Europe (particularly in France, the UK, Ireland, Germany, Italy, Spain, Belgium and the Netherlands), Circet’s customers include the leading telecommunications companies, local authorities and companies specialising in the provision of broadband in rural areas, as well as large public and private infrastructure operators. In 2023, Circet generated revenues of over €4 billion in 13 countries and employed more than 17,000 people worldwide. 

Salko-Bau GmbH is a private civil engineering company specialising in telecommunications in Lower Saxony (Germany) with a strong focus on fibre optic expansion projects. As a strategic partner to telecommunications network operators and local authorities, the company generated a turnover of over 40 million euros in 2023 with more than 60 employees. 

The acquisition of Salko-Bau GmbH by Circet represents a significant strategic expansion and strengthens Circet’s position as a dominant player in the European telecoms infrastructure sector. It will also enhance Circet’s capabilities in the execution of large-scale fibre roll-out projects and strengthen its partnerships with telecom network operators and municipalities across Germany. The integration of Salko-Bau GmbH’s expertise and resources is expected to drive growth and innovation and further cement Circet’s commitment to delivering state-of-the-art infrastructure solutions across the continent. 

Eight Advisory team members supporting this transaction:  

• Financial buy-side due diligence: Dennis Ginzkey (Partner), Matus Bonko (Manager), Jozsef Dekany (Senior) 
• Tax buy-side due diligence: Matthias Hogh (Partner), Dominik Schmidt (Director)