CeramTec (the “Company”) is pleased to report that, Canada Pension Plan Investment Board (“CPP Investments”), through its wholly owned subsidiary, CPP Investment Board Europe S.à r.l., and BC Partners Fund XI (“BC XI”), advised by BC Partners, a leading international investment firm, today, through their jointly owned subsidiaries, completed the previously announced acquisition of the Company from the existing owners, BC European Capital X, Public Sector Pension Investment Board, Ontario Teachers’ Pension Plan Board and certain co-investors.
The Company also prepaid its existing senior facilities and redeemed its existing senior notes in connection with the acquisition.
