Freshfields advises EQT Partners and Sivantos on merger with Widex
Freshfields Bruckhaus Deringer LLP (‘Freshfields’) has advised funds advised by EQT Partners and their portfolio company Sivantos Pte. Ltd. in Singapore, on the merger of Sivantos with Widex A/S in Denmark.
Widex is owned by the Tøpholm and Westermann families. The strategic merger of equals will create a global hearing aid leader with an enterprise value of more than €7bn. The merged company will have revenues of approximately €1.6bn and will employ more than 10,000 people worldwide.
The Freshfields team comprised Wessel Heukamp, Ludwig Leyendecker, Julia Sellmann, Elizabeth Reiner-Oberholzer, Marcus Mackensen, Anastasios Moraitis, Götz Lingenthal, Sezer Gülcü (Corporate), Uta Itzen, Dr. Katrin Gaßner, Tom Ensign (Antitrust), Nina Heym (Finance), David Beutel (Tax), Wolrad Prinz zu Waldeck, Max Betz, Antje Brambrink (IP/IT), Ulrich Sittard and Philipp Schneider (Employment).
The transaction advice was rendered together with the Danish partner law firm Plesner, with Thomas Holst Laursen and Torben Nørskov (both Corporate).