Arqiva has revealed investment company Polus Capital Management (Polus) as the buyer of Macquarie’s 26.54 per cent stake in the firm.
Polus is an investment management firm with approximately $14 billion in assets under management.
Macquarie sold its stake in the company last year, with the name of the buyer only revealed in Arqiva’s half-year results, published today.
Speaking about the investment, a spokesperson for Polus said: “We are delighted to have the opportunity to become a shareholder in Arqiva. We are proud to support a high-performing business that stewards an essential part of the UK’s national communications backbone and manages critical digital infrastructure on a daily basis.
“We look forward to deepening our relationship with Arqiva and working constructively with the board, management team and employees to continue delivering the company’s track record of stability, service continuity, and disciplined, sustainable growth.”
Overall, Arqiva said it had “a solid first-half performance despite a competitive market context”. Its Media and Broadcast performance remained stable, with key contract renewals including multi-year extensions with major DTT customers through 2030.
“Operationally, we’ve made good progress against our priorities. We’ve launched new products across both Media & Broadcast and Utilities, and continue to invest in the capabilities that will support our long-term growth,” said Arqiva CEO Shuja Khan.
“Looking ahead, we remain confident in our full-year outlook. Our strong order book, disciplined financial management, and recent refinancing activity provide a stable platform for continued delivery. Together with the expected onboarding of a new shareholder in Polus, we are well positioned for the future—to deliver against our strategy, support our customers and invest in the future of our infrastructure.”