Monday, November 20th 2023, London, United Kingdom – Zayo Group, a leading global provider of fibre-based communications solutions, today announced it has entered into a definitive agreement to acquire Globalways GmbH, a Stuttgart-based fibre infrastructure and network services company.
Once completed, this acquisition will enhance Zayo’s presence in Europe, aligning with its commitment to enhance its European service offering. The intended acquisition is subject to customary closing conditions and is expected to close during Q4 2023.
Globalways operates approximately 360km of owned fibre infrastructure across the Stuttgart metropolitan area and surrounding regions, with more than 700 on-net buildings.
Yannick Leboyer, Managing Director at Zayo Europe, said: “Globalways has established itself as a key player in the Stuttgart and wider German market, offering high-quality communication infrastructure and network solutions via a comprehensive owned network. Globalways’ local expertise is the perfect complement to our European footprint.
“This acquisition will enable Zayo to offer an extended range of services to our European clients and provide Globalways’ customers with access to Zayo’s extensive international network. This is a testament to our commitment to delivering unparalleled connectivity solutions and further building our presence in Germany. We are excited about the opportunity this creates for our European customers, employees, and stakeholders.”
Moritz Frenzel, Managing Director at Globalways, said: “After successfully growing Globalways to a strong and successful national internet service provider under the ownership of Relined GmbH, we’re now looking forward to enabling our customers and partners to connect international markets and expanding our product portfolio with Zayo as an ideal strategic partner that shares our vision and values.”
Kristel Landa, CEO at Relined, the prior owners of Globalways, said: “We are pleased to announce this successful transaction with Zayo Group. Having nurtured and developed Globalways over the past years, we are excited to see it poised for further growth with an ideal partner. This strategic move ensures the continued success of Globalways and opens new possibilities in the evolving landscape of fibre-based communications solutions.”
About Zayo Group
For more than 15 years, Zayo has empowered some of the world’s largest and most innovative companies to connect what’s next for their business. Zayo’s future-ready network spans over 17 million fibre miles and 142,000 route miles. Zayo’s tailored connectivity and edge solutions enable carriers, cloud providers, data centres, schools, and enterprises to deliver exceptional experiences, from core to cloud to edge. Discover how Zayo connects what’s next at www.zayo.com and follow us on LinkedIn and Twitter.
About Globalways GmbH
Globalways is a leading independent B2B high-speed connectivity provider in the Stuttgart metropolitan area. The company operates ~360km of majority owned infrastructure in the region, providing mission-critical point-to-point connectivity solutions to a broad base of long-standing clients.
Contact:
Antidote Communications for Zayo
Ben Rogers, ben@antidotecommunications.com
+44 (0) 203 740 4009
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