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EQT completes buy-out of Electrolux Leisure Appliances

EQT, the European private equity firm, has completed the buy-out of the remaining units of Electrolux Leisure Appliances to add to its original investment in the firm in July 2001, for an undisclosed sum.

EQT initially invested in Electrolux's leisure appliances product line last year, renamed Dometic Appliances. Håkan Johansson, senior partner at EQT, said that the original carve-out deal was highly complicated, as it was a combination of asset deals and share deals in several countries.

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