Telenet Completes Sale of Caviar Stake

Telenet Group has sold its entire stake in Caviar, which is now owned by Bert Hamelinck, Mathias Coppens and Michael Sagol, investment fund Axio Together Fund and entrepreneur Jurgen Ingels.

The sale results from a realignment of Telenet’s strategy. While Caviar seeks to accelerate its international growth, Telenet is focusing its resources on the Flemish media ecosystem and digital innovation.

“The partnership with Caviar has always been more than just a business investment for Telenet; together, we have realized inspiring projects, and our shared passion for strong storytelling remains,” said John Porter, CEO of Telenet. “With this step, we sharpen our focus on Flemish stories and digital innovation, while Caviar can dedicate itself to further international growth. Of course, we are happy to continue collaborating on projects that make a difference locally, and we wish Caviar and its new partners every success.”

Hamelinck, CEO of Caviar, commented, “This new shareholder structure, with strong involvement from our own management, enables us to realize our ambitions even further. We will continue to invest in high-quality content, support talent development and strengthen our international partnerships. Our goal remains to tell stories that have an impact both locally and globally.”