Vodafone Group Plc (LON:VOD) has announced that it has entered into a binding agreement to acquire 100% of Skaylink GmbH primarily from funds managed by Waterland for a total consideration of €175m.
Skaylink is a leading full-service cloud, digital transformation and security specialist with offices throughout Germany and across Europe. Its team of over 500 professionals are recognised experts at managing cloud deployments and migrations across Microsoft and Amazon Web Services environments and implementing AI solutions for business customers.
Skaylink’s customer-centric business model, capabilities and market presence will provide Vodafone’s business and public sector customers with access to an enhanced suite of digital services and support. The transaction is part of Vodafone Business’ ambition to accelerate growth in key areas such as security, managed services and cloud.
Completion of the transaction is expected by the end of March 2026, subject to the receipt of necessary regulatory approvals.
