ETC Group, backed by The Carlyle Group, has acquired Austrian distributor TIBA Produktions- und Vertriebs GmbH to enhance its offerings in the telecommunications sector.

Target Company Overview

ETC Group, a portfolio company under The Carlyle Group, has recently acquired TIBA Produktions- und Vertriebs GmbH, a prominent Austrian value-added distributor specializing in telecom networks. TIBA, based in Raasdorf, Austria, focuses on providing customized, innovative solutions for both fiber optic and copper networks, as well as data centers. This acquisition aligns with ETC Group's mission to enhance its service offerings in the telecommunications sector.

With over 30 years of industry expertise, ETC Group stands as a leader in the distribution of telecommunications equipment. The company employs over 1,200 professionals across more than 40 locations in 13 countries, including key markets such as the United States, France, the United Kingdom, Germany, and Portugal. ETC Group services over 14,000 clients globally, offering value-added solutions that encompass a diverse product portfolio of more than 55,000 items sourced from nearly 1,000 esteemed suppliers.

Industry Overview in Austria

The telecommunications sector in Austria has been experiencing significant growth, particularly in the areas of fiber optic and mobile network deployment. The country has embraced technological advancements