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(Bloomberg) Canada Pension Plan Investment Board agreed to acquire a stake in CeramTec GmbH, the German technical ceramics maker owned by buyout firm BC Partners. BC Partners and Canada Pension Plan will each own about half of CeramTec along with their co-investors, they said in a statement Tuesday, confirming an earlier Bloomberg News report. The transaction values CeramTec at about 3.8 billion euros ($4.5 billion) including debt, people with knowledge of the matter said. As part of the transaction, BC Partners will sell its CeramTec holding to its 11th fund, according to the statement. The move allows it to own the company for longer while returning money to backers of its 10th fund. The deal adds to the $18.4 billion of private equity purchases announced in Germany this year, data compiled by Bloomberg show. CeramTec, based outside the southern German city of Stuttgart, produces industrial and technical ceramics for the medical, automotive, electronics and chemicals industries. It ....
CPPIB Acquires Stake in CeramTec themiddlemarket.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from themiddlemarket.com Daily Mail and Mail on Sunday newspapers.
Carbon Fiber Prepreg Market | Analysing Growth in Commodity Chemicals Industry prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
Carbon Fiber Prepreg Market | Analysing Growth in Commodity Chemicals Industry prnewswire.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from prnewswire.com Daily Mail and Mail on Sunday newspapers.
/PRNewswire/ The global prepreg market size in North America is expected to grow by USD 955.83 million, progressing at a CAGR of almost 7% during the. ....