SHARE

EQT sells Vertu

Swedish private equity firm EQT Partners has sold UK-based Vertu, maker of handcrafted luxury smartphones, to Chinese investors. Godin Holdings, a Hong Kong-based fund, will hold the primary stake. The terms of the deal have not been disclosed.

Certification Note

Certified B Corporation” is a trademark licensed by B Lab, a private non-profit organization, to companies like ours that have successfully completed the B Impact Assessment (“BIA”) and therefore meet the requirements set by B Lab for social and environmental performance, accountability, and transparency. It is specified that B Lab is not a conformity assessment body as defined by Regulation (EU) No 765/2008, nor is it a national, European, or international standardization body as per Regulation (EU) No 1025/2012. The criteria of the BIA are distinct and independent from the harmonized standards resulting from ISO norms or other standardization bodies, and they are not ratified by national or European public institutions.