Ventizz sells stake in vitronet

After the deal closes the investor will continue to hold 61% of vitronet while managing director Harald Ross retains 24%.

Previous funding
In March 2010, Ventizz invested in Conlinet Group which it renamed as vitronet.

Company
Essen-based vitronet is a provider of turnkey glass fiber infrastructure solutions. Founded in 2001, the company employs 130 people at its offices in Germany and maintains and services over 10,000 kilometres of glass fibre cables.

People
Partner Willi Mannheims and investment director Markus Kaufmann managed the deal for Ventizz Capital Partners.

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