Extract from M&A Insights

The below story was originally featured in our daily M&A Insights Newsletter. Selected stories, including this one, are posted to our website with some weeks of delay.
EQT benefits from the merger between Widex and Sivantos
May 17, 2018

Behind the planned merger between the two hearing aid giants Widex and Sivantos, the family dynasties of the Widex, Tøpholm and Westermann families have channeled a billion to the new company. This is done to ensure that the families achieve an equal level of power with the EQT capital fund, which owns Sivantos. The planned merger will create the world's third largest manufacturer of hearing aids, following Danish William Demant and Swiss Sonova. The joint company is valued at DKK 52bn and will have an annual turnover of DKK 10bn.

ⓘ This story was originally featured in our daily M&A Insights newsletter.
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