Giganet, a UK-based alternative broadband network provider, is owned by Fern Trading, an investment firm. Fern Trading acquired Giganet by taking over its parent company, M12 Solutions. This acquisition was accompanied by a significant investment (£250 million) to support Giganet’s ambitious plans to expand its full fibre network across the UK[1][3][5]. Fern Trading is ultimately owned by Octopus Investments, a large investment manager with diverse holdings in property, renewable energy, healthcare, and fibre networks[1].
Following the acquisition, Andrew and Matthew Skipsey, the co-founders of Giganet, remain involved in the company, joining newly appointed CEO Jarlath Finnegan and a strengthened leadership team to drive the provider’s growth[3][5].
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