EQT VI has entered into an agreement to acquire Siemens Audiology Solutions (the “Company”) from Siemens AG (“Siemens”) together with Santo Holding, the investment vehicle of the German Strüngmann family, as minority co-investor. The Company is a leading global manufacturer of hearing aids acknowledged for its innovative and high-quality products. R&D has always been a core area for the Company having been fostered by Siemens strong technology heritage. The Company’s management team will continue to drive future development and growth.

Latham & Watkins advised EQT VI on financing aspects of the transaction with a team led by London finance partner Dominic Newcomb and capital markets partner James Burnett, with associates Matt Hope and Shawn Anderson.