Funds managed by Macquarie Asset Management have sold the Czech national transmission company Ceske Radiokomunikace to Cordiant Digital Infrastructure for an undisclosed fee.
CRa operates a portfolio of 660 telecommunications towers, with 86 TV and 97 radio broadcasting sites, and 3,730km of fibre. In addition to supporting nationwide broadcasting and connectivity, it offers cloud and data centre solutions, and has led the development of internet-of-things technology throughout the country.
Commenting on the transaction, Martin Gebauer, head of Central and Eastern Europe for Macquarie Asset Management’s Infrastructure team, said: “We are proud to have supported CRa’s growth story over the past decade as it has evolved from a traditional broadcasting infrastructure owner and operator, into a leading digital infrastructure platform.
“We have enjoyed working closely with CRa’s dedicated team to facilitate this transformation and are delighted to have found a new owner who can help to further cement its leading position in the Czech market”.
Steven Marshall, chairman of Cordiant Digital Infrastructure, added: “We are delighted to have acquired CRa from Macquarie. CRa is a national champion with an unrivalled portfolio of assets in a core European country. We are delighted to be partnering with their strong management team, its employees and other stakeholders in order to continue building CRa as a leading digital infrastructure platform serving the broadcast, telecommunications and data centre markets”.
Macquarie European Infrastructure Fund II (MEIF2), Macquarie European Infrastructure Fund III (MEIF3), and Macquarie Mercer Infrastructure Trust invested in CRa in 2011.
