The listed venture capital company EQT, part of the Wallenberg sphere, is selling its majority stake in the Dutch boot manufacturer Dunlop Protective Footwear, writes EQT in a press release.
The buyer is the Dutch investment company Gilde Equity Management.
The purchase price has not been disclosed.
Dunlop Protective Footwear, with over 400 employees in the Netherlands, Portugal, and the USA, manufactures, among other things, protective boots for employees in industries such as food, fishing, agriculture, mining, and oil and gas.
EQT, whose share is down 1.8 percent after the announcement, bought Dunlop in June 2018.
What do you think?