This acquisition enables Circet to reinforce its position on a dynamic German FTTH market.
Circet, the leading provider of telecom infrastructure services in Europe announced the acquisition of MAM-Bau GmbH & Co. KG, one of the largest private telco-focused civil engineering companies in North Rhine-Westphalia (Germany).
Michael Hegemann (CEO, Circet Deutschland): “The addition of MAM-Bau provides Circet Deutschland with enhanced technical capabilities and geographic coverage in the dynamic German FTTH construction market. We are very excited to welcome Musa, Ali, Mehmed and all MAM-Bau employees to drive additional value to our customers and complement our turnkey services offering.”
Hyseni brothers (founders and managers of MAM-Bau), expressed their enthusiasm about the sale and the future cooperation: “This marks a significant step for the founders of MAM-Bau GmbH & Co. KG and allows us to drive our vision of nationwide availability of high-speed fiber networks in Germany as part of a strong team. We are convinced that the future cooperation within the Circet Group will give us the opportunity to strengthen our position as a group in the market and to offer our customers an even better service.”
About MAM-Bau
MAM-Bau was founded in 2016 by Musa, Ali and Mehmed Hyseni to provide specialist engineering services to telecom carriers. The company, headquartered in Ibbenbüren, currently employs about 80 people, manages over 400 people as subcontractors and generated over €50 million in revenues in 2022.