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BC Partners led consortium €2.6 billion acquisition of Ceramtec

11/10/2017
Private acquisition
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€ 2.6 billion

$ 3.02 billion

Announced

11/10/2017

Overview:

  • A consortium led by BC Partners has acquired Ceramtec for €2.6 billion from Cinven.
  • Ceramtec is an industrial ceramic manufacturer based in Germany bought by Cinven around four years before it exited the business.
  • Pension funds the Public Sector Pension Investment Board and the Ontario Teachers' Pension Plan were the other members of the buying consortium.
  • Financial advisers on the deal were PricewaterhouseCoopers for BC Partners and Ernst & Young for Cinven.

 Katrin Kostadinova - Data analyst 

Jurisdictions:

Germany
United Kingdom

Deal type:

Private acquisition

Practice area:

Private equity

Governing law:

Germany

Industry sector:

Industrials and manufacturing

Firms:
Clifford Chance

Party: Cinven (Seller)

Lawyers: George Hacket, Michael Dakin

Freshfields Bruckhaus Deringer

Party: BC Partners (Acquirer)

Lawyers: Mario Hüther, Michael Josenhans, Natascha Doll

Gleiss Lutz

Party: Ontario Teachers' Pension Plan (Acquirer)

Latham & Watkins

Party: Lenders (Lenders)

Lawyers: Alexandra Hagelüken, Jocelyn Seitzman, Rüdiger Malaun

Linklaters

Party: Public Sector Pension Investment Board (Acquirer)

Lawyer: Alex Woodward

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