EQT VI has completed the sale of VERTU, the leading manufacturer of luxury mobile phones and related accessories.

EQT VI acquired VERTU in 2012. During EQT VI's ownership, VERTU has transferred the Company's operating system from Symbian to Google's Android, launched a range of new devices that are industry leading both from a design and technology point of view, and made substantial investment in go-to-market approach to step change customer experience. This renewed customer centric strategy has resulted in a successful improvement of Vertu's luxury brand positioning.

SPEAS has made an investment commitment of EUR 10m to the private equity fund EQT VI.

View the press release from EQT here

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