MERGERS & ACQUISITIONS
STRATEGIC DUE DILIGENCE
New York | London
Acquisition of CeramTec from Rockwood Holdings for Eur 1.49 billion
Buy-Side Strategic Due Diligence Advisor
Trumont serves as strategic due diligence advisor to Cinven on its acquisition of CeramTec from Rockwood
European private equity firm, Cinven, today announces that it has reached an agreement to acquire CeramTec from Rockwood Holdings, Inc. (NYSE: ROC) for a total consideration of Eur 1.49 billion. CeramTec is a leading global manufacturer of high performance ceramics for application in medical, automotive, industrial, and electronic end-markets. The Company’s proprietary product portfolio includes hip joint prostheses components, including the Biolox brand; high speed cutting tools; and ballistic ceramics for armour. In 2012, the Company generated revenues of Eur 425 million. Its main operations are located in Plochingen, Germany and CeramTec employs more than 3,000 people across 18 facilities worldwide. Building on more than 100 years of innovation, CeramTec is well positioned to continue to grow within existing and new areas of application for high performance ceramics, driven by its unique materials expertise and its longstanding customer relationships.
June 16, 2013