With a team led by Berlin partner Robert Korndörfer, GSK Stockmann provided comprehensive legal advice to Deutsche Giga Access GmbH, a portfolio company of Deutsche Beteiligungs AG, on the sale of Northern Access GmbH (Northern Access) and GIM Glasfaser Infrastruktur Management GmbH (GIM). Buyer is Strategic Fiber Networks GmbH (SFN) in Schwäbisch Gmünd, a portfolio company of the infrastructure investor iCON Infrastructure.

Northern Access and GIM jointly supply large parts of the district of Nienburg as well as the neighbouring communities of Neustadt am Rübenberge, Gehrden, Seelze and Petershagen with broadband internet.

The acquisition continues the consolidation phase of the fibre optic market. SFN plans to upgrade the existing networks and supply the district of Nienburg and the neighbouring municipalities with a high-performance fibre optic network.

NGN Telecom GmbH, also a subsidiary of Strategic Fiber Networks GmbH, provides the Lüchow-Dannenberg district and parts of the Lüneburg district with internet and telecommunications services via high-performance fibre optic networks in large areas of Lower Saxony. Northern Access and GIM will become part of the Strategic Fiber Networks GmbH group of companies, which already includes ropa GmbH, NGN Telecom GmbH and wisotel GmbH and is realising numerous network projects in Bavaria, Baden-Württemberg and Lower Saxony.

Advisers of Deutsche Giga Access GmbH at GSK Stockmann:

Robert Korndörfer (lead, private equity/M&A), Clara López Hernando (private equity), Dr Dirk Koch and Sebastian Gerhards (both tax law)