• EQT, which co-founded Fiberklaar in 2021, has indubitably to promote its stake to co-shareholder Proximus
• Since 2021, Fiberklaar has effectively develop into the prominent distant fiber-to-the-home supplier within the Flemish pocket of Belgium
• Lately, Fiberklaar has many energetic development tasks throughout Flanders and is easily on target to deliver fiber to families right through the pocket

STOCKHOLM, Sweden, July 25, 2024 /PRNewswire/ — EQT is happy to announce that the EQT Infrastructure V charity (“EQT”) has signed an commitment to promote its majority stake in Fiberklaar (the “Company”) to its co-shareholder Proximus, Belgium’s greatest telecom operator, for a purchase order value of EUR 246 million.

Headquartered in Ghent, Fiberklaar is Flanders’ prominent distant fiber-to-the-home supplier, rolling out a large-scale, perceivable get entry to community to families and little companies. Lately, Fiberklaar has many energetic development tasks throughout Flanders and is easily on target to deliver fiber to families right through the pocket. Fiberklaar was once based as a three way partnership in 2021 via EQT and Proximus, marking EQT’s first partnership with a countrywide telecoms incumbent.

Making use of its revel in in creating robust fiber firms in Europe and North The united states, EQT, along Proximus, has supported Fiberklaar in growing an effective rollout engine to assemble a fiber community available to all operators. Since its formation, Fiberklaar has performed an instrumental position in accelerating fiber deployment within the Flemish pocket, using virtual inclusion in Belgium which continues to lag alternative Ecu nations in relation to fiber protection.

Having completed important milestones all through its possession, EQT’s progress is a herbal upcoming step for Fiberklaar. The Corporate now starts a pristine bankruptcy in its walk to extend get entry to to high-speed connectivity answers in Belgium, life taking part in a task in Proximus’ imaginable day cooperation word of honour to roll-out fiber in Flanders.

Ulrich Köllensperger, Spouse throughout the EQT Price-Upload Infrastructure Advisory workforce, mentioned: “Private capital has a huge role to play in supporting companies solving connectivity gaps and modernizing digital infrastructure. We are pleased to have helped Fiberklaar scale so quickly together with Proximus, drawing on our vast experience of multiple fiber-to-the-home rollout projects across geographies. We thank the entire Fiberklaar team for their contribution and look forward to following the Company’s journey as it continues to foster digital inclusion and contribute to the prosperity of the Flemish Region.”

Guillaume Boutin, CEO Proximus, mentioned: “Over the past three years, Fiberklaar, with full support of EQT Infrastructure and Proximus, has transformed from a start-up into a strong deployment engine. Becoming the only shareholder of Fiberklaar will allow us to work more closely together and further increase the efficiency and quality of the fiber roll-out in Flanders, while capturing the value generated by synergies.”

Jo van Gorp, CEO Fiberklaar, mentioned: “I am very grateful to EQT for their great cooperation and support and look forward to the next phase of our partnership with our sole shareholder Proximus. Fiberklaar has played an instrumental role in accelerating fiber deployment in the Flemish region, driving digital inclusion in Belgium which continues to lag other European countries in terms of fiber coverage. We have achieved many impressive milestones over the last years with our most valued employees, construction partners and suppliers. With the valuable experience and know-how of the Proximus Group and the good relations with our stakeholders, Fiberklaar is well positioned to continue its mission to further roll out its high-quality and future-proof fiber network open to all.”

The utmost of the transaction is anticipated within the coming days.

Touch
EQT Press Administrative center, [email protected]

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