Acquiring Company
CBRE Group
Acquired Company
Onnec Group Ltd
Dallas
Greater LondonData CenterDescription
CBRE has agreed to acquire Onnec, a network, fibre and data centre infrastructure provider, for an initial cash price of £460 million. The parties have also agreed a multi-year earnout of up to £300 million, subject to Onnec meeting growth thresholds. The business will sit within CBRE's Critical Infrastructure Services line, with completion expected around the end of the year subject to customary regulatory approvals.
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Frequently asked
Who acquired Onnec Group Ltd?
Onnec Group Ltd was acquired by CBRE Group, based in Dallas. The deal was reported on October 21, 2026. CBRE Group is publicly traded (CBRE).
When did CBRE Group acquire Onnec Group Ltd?
CBRE Group's acquisition of Onnec Group Ltd was reported on October 21, 2026. CBRE has agreed to acquire Onnec, a network, fibre and data centre infrastructure provider, for an initial cash price of £460 million. The parties have also agreed a multi-year earnout of up to £300 million, subject to Onnec meeting growth thresholds. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does Onnec Group Ltd do?
Onnec Group Ltd. is a leading data center infrastructure provider, specializing in the installation and servicing of data center equipment for technology companies primarily in Europe and the Asia-Pacific region. It is privately held, operating in Data Center, and is based in Greater London.
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