M&A Deal Summary

EQT Acquires Sivantos

On November 6, 2014, private equity firm EQT acquired electronics company Sivantos from Siemens for 2.2B EUR

Acquisition Highlights
  • This is EQT’s 2nd transaction in the Electronics sector.
  • This is EQT’s 12th largest (disclosed) transaction.
  • This is EQT’s 25th transaction in Germany.
Investment Fate
  • Sivantos merged with another company in 2018.

M&A Deal Summary

Date 2014-11-06
Target Sivantos
Sector Electronics
Buyer(s) EQT
Sellers(s) Siemens
Deal Type Divestiture
Deal Value 2.2B EUR

Target

Sivantos

Munich, Germany
website
Sivantos Group is a global hearing aid manufacturer. Sivantos was founded in 1878 and is based in Munich, Germany.

Search 193,381 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

Buyer(S) 1

Buyer

EQT

Stockholm, Sweden

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1994
PE ASSETS 50.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

EQT is a global private equity group that purses a variety of investment strategies around the world. EQT is divided into several investment disciplines, including private capital, real assets, credit, and venture. The Firm's private capital group targets large, market-leading enterprises (investment size of €125 to €1.5 billion) across Europe and the US, as well as mid-market, growth companies (investment size of €40 to €125 million) across the US, Europe, China, and Southeast Asia. The Firm's real assets group seeks to identify control or co-control equity investments (investment size of €500 to €1 billion) in medium-sized infrastructure companies that provide an essential service to society, are recession resilient, and have secure cash flows. EQT's credit group provides flexible, long-term debt capital solutions to medium-sized European businesses, across a wide range of sectors. EQT was established in 1994 and is headquartered in Stockholm, Sweden.


DEAL STATS #
Overall 127 of 289
Sector (Electronics) 2 of 3
Type (Divestiture) 29 of 48
Country (Germany) 25 of 40
Year (2014) 14 of 15
Size (of disclosed) 12 of 42
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-03 XXL

Oslo, Norway

XXL is a sports retailer with stores and e-commerce in Norway, Sweden, Finland, Denmark, and Austria. XXL pursues a broad customer appeal, offering a one-stop shop experience with a wide range of products for sports, hunting, skiing, biking, and other outdoor activities. XXL was founded in 2000 and is based in Oslo, Norway.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-01 Musti Group

Helsinki, Finland

Musti Group is a pet care specialist, offering a wide and curated range of pet supplies, accessories, foods, and services. The company has a focused omnichannel operating model with a network of more than 280 physical stores across Finland, Sweden, and Norway. Musti Group was founded in 1988 and is based in Helsinki, Finland.

Buy -

Seller(S) 1

SELLER

Siemens

Munich, Germany

website


Category Company
Founded 1847
Sector Diversified
Employees299,000
Revenue 72.0B EUR (2022)
DESCRIPTION
Siemens office building in St. Louis, Missouri.
Siemens office building in St. Louis, Missouri.

Siemens is a global engineering and electronics conglomerate company headquartered in Munich. Siemens serves a variety of customers and is organized in in four main divisions: Industry, Energy, Healthcare, and Infrastructure & Cities. Siemens was founded in 1847 and is based in Munich, Germany.


DEAL STATS #
Overall 18 of 24
Sector (Electronics) 1 of 1
Type (Divestiture) 15 of 20
Country (Germany) 9 of 13
Year (2014) 2 of 2
Size (of disclosed) 1 of 10
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-14 Camstar Systems

Charlotte, North Carolina, United States

Camstar is a provider of scalable, enterprise manufacturing software solutions that help manufacturers deliver the highest quality products on time, the first time, every time. Camstar is a privately owned company, headquartered in Charlotte, North Carolina, experiencing continued growth in key markets worldwide.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-02-17 eHouse Manufacturing Operations - Siemens AG

Houston, Texas, United States

Siemens' eHouse operational plant manufactures and assembles power equipment centers (PECs) – or eHouses – for low- and medium-voltage switchgear, motor control center equipment, SCADA and other auxiliary equipment for a variety of industries.

Sell -