P+P advised EQT on the aquisition of Siemens hearing device division with regard to MPP
Private equity investor EQT acquired Siemens Audiology Solutions, the hearing device division of Siemens, together with the entrepreneurial family Strüngmann who co-invested by way of their investment vehicle Santo Holding. The transaction volume amounts to EUR2,5b.
The transaction is still subject to approval by the antitrust authorities.
The following P+P-Team advised EQT with regard to the MPP: