EQT Partners, a private equity firm, is set to acquire Schulke & Mayr, manufacturer of medical equipment, from Air Liquide, a producer and distributor of industrial and healthcare gases. The transaction is subject to final agreement and regulatory approval. Financial terms were not disclosed “Schulke is really busy working night and day to deliver its important products to the market . . . our strategy was to deliver something concrete and rapid. EQT is using a higher proportion of equity than we would have one quarter ago. In this marketplace you are not looking to maximise leverage because that would be extremely expensive,” Christian Sinding, EQT CEO.