MCF advised Netel Group on the divestment of its Finnish operations to a group of private investors
Netel Group, a Nasdaq Stockholm-listed provider of critical infrastructure services across Northern Europe, has divested its Finnish operations (“Netel Finland” or the “Business”) to a group of private investors.
The transaction allows Netel Group to sharpen its strategic focus on core markets and business going forward. In addition, the transaction ensures continuity for the Business and provides a strong platform for future growth in close cooperation with the existing management team.
MCF acted as the exclusive financial adviser to Netel Group and organised a structured sell-side process to identify the best new owner for the Business. Netel Finland attracted strong interest from the market, and the transaction was successfully completed exactly within the planned four-month timetable.
The Target
Netel Finland is a turnkey provider within design, construction and maintenance of critical telecommunication and electricity network infrastructure in Finland.
The Business operates with a distinct project management model, leveraging a network of roughly 450 outsourced professionals for construction, installation and maintenance activities. Netel Finland has longstanding customer relationships with several blue-chip owners of critical infrastructure in Finland.
In 2024, Netel Finland generated revenue of EUR 24.6m and employed approx. 50 professionals.
About Netel Group
Netel Group is a provider of critical infrastructure services across Northern Europe, with operations in Sweden, Norway, Germany, and the UK. With over 25 years of experience, the company delivers end-to-end solutions across the telecom, power, and infraservices sectors. In 2024, Netel Group generated revenue of SEK 3.3 billion and employed approx. 840 professionals. The company has been listed on Nasdaq Stockholm since 2021.
