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Equistone portfolio Amadys acquires SKG and Muth

Amadys, a provider of passive network equipment solutions for utility infrastructures in the Benelux region and a portfolio company of Equistone Partners Europe, has acquired distribution specialists SKG Netzwerktechnik and Muth Kommunikationstechnik.

Amadys, a provider of passive network equipment solutions for utility infrastructures in the Benelux region and a portfolio company of Equistone Partners Europe, has acquired distribution specialists SKG Netzwerktechnik and Muth Kommunikationstechnik.

Following its move into the German market through the acquisition of tso at the beginning of 2021, these acquisitions represent the next important milestone in Amadys’ buy-and-build strategy. The financial terms of the transaction have not been disclosed.

Amadys, headquartered in Belgium, provides a broad range of passive equipment solutions for utility networks, with a focus on the telecommunications, water, gas and electricity sectors, as well as on general industrial businesses. Funds advised by Equistone, together with the management team, acquired the Belgian end-to-end system integrator in December 2019. 

SKG Netzwerktechnik, founded in 1978 as part of the SKB-GROUP, is one of Austria’s leading suppliers of active and passive products for telecom and datacom networks. 

Muth Kommunikationstechnik, based in Kabelsketal near Leipzig, is one of Germany’s leading specialist wholesalers for electrical and communication technology.

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