Gamma finalises €27m Dutch acquisition

Nima Green
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Gamma finalises €27m Dutch acquisition

UK comms player lands in Europe with buyout of Dean One

UK telecoms group Gamma Communications has acquired Netherlands-based Dean One for €27m, in a bid to replicate its success in the UK market. Dean One provides unified comms services to the Dutch market, primarily through the channel. With a headcount of 60, its FY2017 revenue was €15.8m, with EBITDA at €800,000. Gamma added that Dean One was selected as an acquisition target because it focuses on products with which Gamma already has experience. "The market penetration and growth rates...

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