EQT Private Equity has purchased SPT Labtech, a manufacturer of instruments and consumables for life science research.

EQT will support SPT Labtech’s next growth phase by focusing on product innovation and growing SPT in new areas.

David Newble, CEO of SPT Labtech, said, “We are very keen to welcome EQT as our new owner and look forward to benefiting from the broad range of capabilities and expertise the EQT platform can offer. We are ready to embark on the next phase of our growth journey, in which we aim to foster SPT Labtech’s strong market positions in our existing businesses and explore new market opportunities while meeting our life science customers’ needs and making a positive impact on society.”