Cellnex Sells Towerlink France for €391 Million

TLDR

• Cellnex sold Towerlink France for €391 million.
• Vauban Infra Fibre acquired 99.99% of Towerlink.
• Towerlink operates 80 edge data centers across France.

Cellnex, through its subsidiary Cellnex France S.A.S., has announced the completion of the sale of Towerlink France S.A.S. for €391 million. The deal was finalized on January 26, 2026, after receiving all necessary regulatory approvals.

The buyer, Vauban Infra Fibre (VIF), acquired 99.99% of Towerlink France S.A.S. through a cash transaction. VIF is backed by Vauban Infrastructure Partners, Crédit Agricole Assurances funds, and Raffles, a GIC subsidiary. This acquisition marks a strategic expansion for VIF in the digital infrastructure market in France.

Details of the Towerlink France Sale

Towerlink France S.A.S. operates approximately 80 edge data centers across France, located in urban areas such as Paris, Lyon, and Marseille. These facilities are integral for urban connectivity and low-latency services. The sale aligns with Cellnex’s strategy to focus on its core business of telecom infrastructure.

Cellnex, known as Europe’s largest telecommunications tower operator, manages over 110,000 sites across ten countries. The company is divesting non-core assets to prioritize its telecommunications towers and reduce leverage. For more details, visit the official announcement.

Statements from Key Stakeholders

Marco Patuano, CEO of Cellnex, stated, “We remain committed to operational excellence and disciplined capital allocation, always with the objective of delivering sustainable growth and long-term value for our shareholders.”

“VIF is pleased to negotiate this investment in line with our investment strategy. Towerlink will thrive within VIF by continuing to deliver our common ambition and accelerate our development in the data center market,” said Steve Ledoux, CEO of VIF.

Steve Ledoux, CEO, VIF

Advisors and Strategic Alignment

The transaction was advised by BBVA and CACIB for mergers and acquisitions, while HSFK provided legal and tax advice. Commercial insights were offered by Analysys Mason. These advisory roles ensured a smooth transition and strategic alignment with the buyer’s objectives. More about their partnership can be found here.

VIF specializes in digital infrastructure and plans to integrate Towerlink’s operations with its existing portfolio of data centers and digital assets. The acquisition is expected to create synergies and strengthen VIF’s position in the French market. Towerlink’s data centers remain traditional, focusing on telecom and 5G services, and are not involved in cryptocurrency operations.