Jamieson advised the management team of CeramTec, the international manufacturer of advanced technical ceramics, on their sale to a BC Partners-led consortium for an undisclosed sum. The Public Sector Pension Investment Board and Ontario Teachers’ Pension Plan also hold a stake in the Consortium which acquired CeramTec from private equity firm Cinven.
Felix Rose, Stuart Coventry and Laura Yell of Jamieson advised the CeramTec executive team on the exit of their current scheme and their new incentive and reinvestment into the new structure alongside BC Partners.
Headquartered in Plochingen, Germany, CeramTec manufactures high performance ceramics for various end-markets including medical, automotive, industrial and electronic. The Group employs more than 3,400 people across 20 facilities worldwide. In the 12 months to June 2017, CeramTec generated revenues of EUR 538 million and adjusted EBITDA of EUR 196 million.