UFINET Telecom: A New Change in Ownership (B)
This case recounts the sale of the telecommunications company UFINET in 2018, which divided the business into two companies: one for the Spanish market (Lyntia Networks) and another for Latin America (Ufinet International). Even though the investment fund Cinven remains the majority owner of Ufinet International, it joined another shareholder, Enel, an Italian gas and energy multinational, which had the option of acquiring Ufinet International in its entirety in 2021. With four different owners since it was founded in the late 1990s, in each of the changes in ownership the management team at UFINET had remained the same, adapted to the new realities, and learned from each of the different stages.
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"UFINET Telecom: A New Change in Ownership (B)"
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