Divestments
Salcomp
EQT II bought Salcomp in 1999 from Nokia.
Salcomp is one of the world's leading manufacturers of power supplies for mobile phones and other personal handheld devices.
- SectorIndustrial Technology
- CountryFinland
- FundEQT II
- Entry1999
- Exit2006
Salcomp has its headquarters in Finland while manufacturing operations are located in China, India and Brazil.
Salcomp was listed on the Helsinki Stock Exchange in March 2006; in connection therewith, EQT's stake in the company decreased from approximately 92% prior to the offering to approximately 52%.
In June 2007, EQT reduced its shareholding to 22.4% through a secondary sale to Nordstjernan AB. In August 2007, the remaining EQT holding was sold also to Nordstjernan AB.