Blackstone Acquires DESOTEC; EQT Mid Market Europe Takes 15% Stake

March 18, 2021

Private equity funds managed by Blackstone agreed to acquire Belgium-based DESOTEC from the EQT VII fund, with EQT Mid Market Europe exercising a co‑investment option to acquire a 15% minority stake and board representation. The transaction, which closed May 31, 2021, positions DESOTEC to continue its pan‑European growth in mobile, circular filtration services.

Buyers
Blackstone (private equity funds managed by Blackstone), EQT Mid Market Europe (EQT Private Equity)
Targets
DESOTEC
Sellers
EQT VII (EQT Private Equity)
Location
Belgium
Transaction Type
Buyout

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