EQT added to bidders for Device Technologies acquisition

EQT has been added to the roster of potential buyers for Device Technologies. The announcement was reported by The Australian. Device Technologies is currently attracting interest from multiple investors. EQT’s participation signals private‑equity confidence in the sector. The bidding process is expected to intensify as more parties evaluate the deal. Industry observers note that the acquisition could reshape market dynamics. No financial terms have been disclosed at this stage. Stakeholders will watch for further developments in the coming weeks.