Eurofiber Acquires Telecom Operator FullSave in Toulouse, France

Netherlands-headquartered Eurofiber, a company with a 38,000 kilometer fiber-optic network in the Netherlands, Belgium and France, with a branch in Germany, has acquired telecom operator FullSave from France. FullSave is a B2B infrastructure telecom operator in the Toulouse and Bordeaux regions, providing Fiber to the Office, data center colocation and IaaS services.

Eurofiber logoBuilding on the acquisition of Eurafibre, ATE and Eura DC in November 2019 and Lumos in November 2020, the acquisition would further strengthen Eurofiber’s position in the French B2B telecommunications market.

FullSave was founded in 2004. The company manages its own fiber optic network in Toulouse and Bordeaux, which will reach a capacity of 600 kilometers by the end of 2020. FullSave also operates its own data center of 1,600 m² in Toulouse. Upon completion of the acquisition, Eurofiber will work closely with the FullSave management to support the further growth of the company.

“We are delighted to be part of Eurofiber, a leading European player that has the vision, track record and resources to take us to the next phase,” said Laurent Bacca, President of FullSave. “We look forward to working together to offer our current and future clients an even wider range of advanced digital infrastructure services.”

Eurofiber’s French Growth Strategy

Photo Alex Goldblum, CEO of Eurofiber
“With FullSave we welcome a strong and ambitious regional player that already has a leading position in Occitanie and a growing footprint in Nouvelle-Aquitaine,” said Alex Goldblum, CEO of Eurofiber.

FullSave is the second acquisition announced by Eurofiber in France in 2020, following the acquisition of the Nantes-based fiber-optic company Lumos, announced on 18 November. Both acquisitions are part of the accelerated French growth strategy, which aims to expand Eurofiber’s French footprint to at least 25 cities by 2025.

Eurofiber is already strongly represented in Lille with its companies Eurafibre, ATE and Eura DC. As with Eurafibre and Lumos, Eurofiber aims to accelerate FullSave’s growth by expanding its network and extending its market approach to the broader FttX segment, in line with Eurofiber’s open access model.

“With FullSave we welcome a strong and ambitious regional player that already has a leading position in Occitanie and a growing footprint in Nouvelle-Aquitaine,” said Alex Goldblum, CEO of Eurofiber. “It has excellent employees and management, which has resulted in high year-on-year performance in both business operations and customer satisfaction. We are very pleased that FullSave is becoming part of the Eurofiber Group.”

In September Eurofiber welcomed the Dutch pension fund PGGM as a shareholder, alongside the France-based Antin Infrastructure Partners, which owns the majority of Eurofiber’s shares.

Photo credits: Jan Huber on Unsplash
phoenixNAP