Mundys Boosts Getlink Stake to 19%, Eyes 25% with Regulatory Nod
Event summary
- Mundys acquires 3.5% of Getlink’s shares, increasing its stake to 19% and up to 24.9% of voting rights.
- Additional 6% acquisition contingent on UK regulatory approval expected by April 2026.
- Mundys commits to supporting Getlink’s long-term strategy without seeking board control.
- France remains Mundys’ largest market, contributing 28% of 2025 EBITDA.
- Mundys has invested €11 billion in French infrastructure over a decade.
The big picture
Mundys’ expanded stake in Getlink underscores its commitment to French infrastructure, a key market contributing nearly 30% of its EBITDA. The move aligns with its decade-long investment strategy in France, focusing on sustainability and collaboration with local stakeholders. The transaction also highlights the growing influence of private equity in European infrastructure, particularly in strategic transportation assets.
What we're watching
- Regulatory Approval
- Whether Mundys secures UK approval to acquire an additional 6% of Getlink by April 2026.
- Strategic Intent
- How Mundys’ increased stake aligns with Getlink’s long-term strategy without seeking board control.
- Market Dynamics
- The pace at which Mundys may further increase its stake in Getlink depending on market conditions.
Related topics