Telenet Group NV has sold its entire stake in Caviar Group to focus on local media innovation, while enabling Caviar to pursue international growth with new investors.
Target Information
Telenet Group NV has announced the sale of its entire stake in Caviar Group, a prominent player in the media and entertainment industry. The transaction, which was completed on December 30, 2025, is part of Telenet’s strategic reassessment focusing on the Flemish media landscape and digital innovation. Despite Caviar's involvement in local content production, its need for international expansion no longer aligns with Telenet's selected trajectory.
Post-transaction, Caviar is under the ownership of its founders—Bert Hamelinck, Mathias Coppens, and Michael Sagol—along with the Axio Together Fund and entrepreneur Jurgen Ingels. This new ownership structure enables Caviar to strategically pursue international growth and expansion in the coming years.
Access Full Deal Insights
You’re viewing a public preview of this deal. To unlock full access to ca. 50,000 other deals in our database and join ca. 400 M&A professionals who are using it daily, sign up for Dealert.
Industry Overview
The media and entertainment industry in Belgium has been experiencing significant transformations, fueled by advances in technology and changing consumer preferences. With the rise of streaming services and digital cont
Similar Deals
Telenet Group NV
invested in
Caviar
in 2025
in a Other deal