Setterwalls advises Cinven on the purchase of CeramTec

Setterwalls has, together with inter alia Clifford Chance (lead counsel), advised Cinven’s fifth fund – managed by European equity investor Cinven (London) – on the purchase of CeramTec GmbH from Rockwood Holdings Inc. The purchase price amounts to EUR 1.49 billion. CeramTec is one of the leading manufactures of high performance ceramics used for example the medical, industrial, electronics and automotive sectors with approximately 3,000 employees and a global turnover of EUR 425 million in 2012.