Cellnex to Divest Towerlink France to Vauban Infra Fibre
Cellnex has taken another step in sharpening its strategic focus on core telecom infrastructure. The company has entered into a put option agreement with Vauban Infra Fibre (VIF) that would allow Cellnex France to divest 99.99% of Towerlink France, its primary data centre platform in the country.
The contemplated transaction—valued at €391 million in cash—supports Cellnex’s long-term roadmap of disciplined capital allocation and strategic simplification. By preparing to divest Towerlink France, Cellnex reinforces its commitment to the assets at the centre of its European tower leadership.
Vauban Infra Fibre, backed by Vauban Infrastructure Partners, Crédit Agricole Assurances, and GIC’s Raffles, is already well established across France with a growing digital infrastructure footprint. Towerlink would slot naturally into the VIF portfolio, benefiting from operational synergies across French data centres and broader digital assets.
The transaction remains subject to France’s employee consultation process, regulatory approvals, and other customary conditions. Once completed, it will allow Cellnex to consolidate its attention on its core activities while ensuring Towerlink’s continued growth under a specialist owner.
Cellnex CEO Marco Patuano emphasised the company’s commitment to operational excellence, disciplined capital deployment, and long-term value creation. VIF CEO Steve Ledoux highlighted the strategic fit, signalling confidence in Towerlink’s future within VIF’s expanding platform.
