Announced
Completed
Financials
Sources
Tags
Electronic Equipment: Control and Filter
filtration
Single Bidder
Private Equity
Cross Border
Majority
Acquisition
Friendly
activated carbon solutions
manufacturing
Belgium
Private
Synopsis
Blackstone, a private equity firm, completed the acquisition of DESOTEC, a provider of mobile filtration technology, from EQT Partners for $937m. "Over the past four years we have been on an exciting and transformational journey, supported by EQT who has significantly contributed to helping us transform the business and accelerate growth by making substantial investments. We would like to thank Bert and the EQT team, as well as the DESOTEC supervisory board, for their continued support and we look forward to continuing to develop our business together with Blackstone," Mario Hertegonne, DESOTEC CEO.
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