Olin Group acquires Fibranet, reaffirming its strong commitment to the region
Asterion Industrial Partners and Teras Capital continue their expansion strategy with the formalization of the acquisition of the Murcia-based telecommunications platform
Madrid, October 2024.
Olin Group has finalized the purchase of the telecommunications company Fibranet, reaffirming its strong commitment to expanding in the Murcia region. The company, backed by the funds Teras Capital and Asterion Industrial Partners, continues its strategy of capitalizing on synergies through the consolidation of specific local operators on the network. Fibranet is a telecommunications operator providing fiber optic services across the Murcia region. Meanwhile, Olin Group already had a presence in the area, following the acquisition of Cartago Telecom in 2022 and the local operator Club TV, which offers services in the exclusive La Manga Club golf resort.