Matheson LLP is delighted to have advised Cellnex Telecom, Europe's largest telecommunications towers and infrastructures operator, on the sale of its Irish business to Phoenix Tower International. The sale was conditional on receipt of CCPC approval and FDI approval which was received earlier this month, following a complex CCPC approval process.
The Matheson cross departmental team included George Brady, Fergus Bolster, Niall Collins, Simon Shinkwin, Katherine Hall, Laura McDonnell, Zainab Masood, Conor Blennerhassett, Hilda Wrixon, Carlo Salizzo, Jessica Brannigan, Chris Hutchinson, Rachael Toland Burke, Connie Edwards, Rachelle Bowden, Patricia Einfeldt and, Kelly McGann among others.
George Brady, partner in the firm's Corporate M&A team, commented:
"We are delighted to have had the opportunity to work with and support the Cellnex team on this transaction, which was one of the most significant in the sector in recent years"
Cellnex is Europe's largest telecommunications towers and infrastructures operator. The Company manages a portfolio of more than 130,000 sites, including forecast roll-outs up to 2030, in 10 European countries, with a significant footprint in Spain, France, the United Kingdom, Italy and Poland. Cellnex, which is listed on the Spanish Stock Exchange, is part of the selective IBEX35 and Euro Stoxx 100 and enjoys outstanding positions on the main sustainability indices such as CDP, Sustainalytics, FTSE4Good, MSCI and DJSI Europe.
