In a statement, EQT Infrastructure said it would continue to support the growth of Melita, by investing in its network and is committed to continue to provide high quality services to current and future customers.
Founded in 1991, Melita is a fully converged operator, running : nationwide Gigabit broadband services for households and small businesses, mobile and fixed telephony as well as TV services.
Ulrich Köllensperger, Partner at EQT Partners and Investment Advisor to EQT Infrastructure IV, comments: “EQT has been built on a passion for developing companies. We invest in good companies across the globe with the aim of turning them not only into great companies but also sustainable ones. This is exactly the formula we aim to apply to Melita, which is already an innovator in the Maltese market and beyond in terms of infrastructure, products and customer service. As a result, we are confident that the coming months and years will be exciting and rewarding both for Melita’s employees and for its customers.”
Melita will continue to operate under the leadership of CEO Harald Rösch, a longstanding Industrial Advisor to EQT.
“This transaction is another proof of our success over the last years, built on the hard work from all employees and support from our owners,” said Rosch. “With the backing of EQT Infrastructure and their extensive experience in our industry, we will continue the journey by developing our networks and providing outstanding customer experience in the years to come. Melita is ideally positioned to grow in the Maltese telecom market and beyond.”
The financial details have not been disclosed.