CeramTec, as an international manufacturer and supplier, are used in the Automotive Industry, in Electronics, Energy and Environmental Technology, Equipment, Mechanical, and Medical Engineering and in many other applications. Correctly selecting the required ceramic materials, adjusting and adapting Advanced Ceramics to meet the respective requirements in the field of application, and optimally designing and manufacturing parts and components to take advantage of the special material properties of ceramics are core competencies of the ceramics experts and specialists at CeramTec. With more than 3,600 employees and production sites and subsidiaries in Europe, America and Asia, CeramTec as manufacturer and supplier has a worldwide presence.
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- Business Type:
- Industry Type:
- Manufacturing, Other
- Market Focus:
- Globally (various continents)
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This great application diversity is possible thanks to advanced ceramics, also referred to as technical ceramics, engineering ceramics or industrial ceramics. These terms cover a variety of different and in part highly specialized ceramic materials with unique mechanical, electrical, thermal and biochemical properties and property combinations.
Advanced ceramics from CeramTec, as an international manufacturer and supplier, are used in the Automotive Industry, in Electronics, Energy and Environmental Technology, Equipment, Mechanical, and Medical Engineering and in many other applications. Correctly selecting the required ceramic materials, adjusting and adapting Advanced Ceramics to meet the respective requirements in the field of application, and optimally designing and manufacturing parts and components to take advantage of the special material properties of ceramics are core competencies of the ceramics experts and specialists at CeramTec.
With more than 3,500 employees and production sites and subsidiaries in Europe, America and Asia, CeramTec as manufacturer and supplier has a worldwide presence.
On March 8th, 2018 CeramTec was acquired by a Consortium of funds led by BC Partners, in which PSP Investments and the Ontario Teachers’ Pension Plan also hold a stake.
BC Partners is a leading international private equity firm with over €17 billion of assets under management. Established in 1986, BC Partners has played an active role in developing the European buy-out market for three decades. BC Partners executives operate as an integrated team through the firm’s offices in Europe and North America, acquiring and developing businesses to create value in partnership with management. Since inception, BC Partners has completed 99 investments in companies with a total enterprise value of €121 billion and is currently investing its tenth private equity fund.
The Public Sector Pension Investment Board is one of Canada’s largest pension investment managers with C$135.6 billion of net assets under management as at March 31, 2017. It manages a diversified global portfolio composed of investments in public financial markets, private equity, real estate, infrastructure, natural resources and private debt. Established in 1999, PSP Investments manages net contributions to the pension funds of Canada’s federal Public Service, the Canadian Armed Forces, the Royal Canadian Mounted Police and the Reserve Force. As at March 31, 2017, PSP Investments held private equity investments of C$15.9 billion (12% of its net assets). Since its inception, the private equity asset class has invested in more than 20 companies and 50 funds, deploying over C$10 billion in capital on a global scale. Since Headquartered in Ottawa, Canada, PSP Investments has its principal business office in Montréal and offices in New York and London, its European hub.
The Ontario Teachers’ Pension Plan is Canada’s largest single-profession pension plan, with C$180.5 billion in net assets as at June 30, 2017. It holds a diverse global portfolio of assets, approximately 80% of which is managed in-house, and has earned an annualized gross rate of return of 10.1% since the Plan’s founding in 1990. As at June 30, 2017, OTPP held private equity investments of C$28.8 billion (16% of its net assets). Since inception, it has invested in more than 500 companies and funds, deploying approximately C$40 billion in capital on a global scale. Ontario Teachers’ Pension Plan is an independent organization headquartered in Toronto. Its Asia-Pacific region office is located in Hong Kong and its Europe, Middle East & Africa region office is in London. The defined-benefit plan, which is fully funded, invests and administers the pensions of the province of Ontario’s 318,000 active and retired teachers.
The CeramTec Group aims to achieve profitable, global growth while conserving energy and protecting natural resources. Our objective is to strengthen and advance CeramTec’s international leadership position. As a customer-oriented problem solver, we therefore focus on application consulting and on the development of innovative, competitive, and sustainable processes for realizing products consistent with specifications.
We have established a framework with reliable, risk-minimizing technical and organizational processes and creating an atmosphere of trust that fairly balances the interests of customers, business partners, employees and shareholders, as well as stakeholders such as the local communities and society in general. We conduct business according to a set of clearly defined management principles, which we review on an annual basis. The executive board of the CeramTec Group is committed to promoting compliance with these policies, to providing the resources that are required for implementation, and to conducting an annual review. For this, it will give an annual account (status analysis) regarding compliance with these management policies and will review the efficacy of the management systems once a year. As part of this process, special focus will be placed on considering specially-approved requirements and binding obligations of our customers, of society/the public, of the government agencies, of external interested parties, and of legislative bodies, as well as on constantly improving our management system and minimizing risks in our processes.
Products – We strive to manufacture and market our high-quality products in the most cost-effective, sustainable, safe and eco-friendly way while conserving resources, taking into account the lifecycle of our products.
Interested parties – All of our efforts center around satisfying the requirements of all of our interested parties.
Responsibility – When it comes to our products, operations and services, we act with a strong commitment to safety, health, the environment, and profitability. We comply with all applicable standards, laws, regulations, in-house rules and designated ethical principles as well as other obligations with regard to the context of the organization. Fair and ethical business practices apply both with respect to our employees and our business partners – from procurement and manufacturing through to delivery to our customers, all while considering the effects on society.
Quality – We plan, develop, implement, monitor and continuously improve all of our processes. We give reasonable consideration to the opportunities/risks of these processes. This applies to quality, work safety, health, environmental protection and energy management.
Values – Our thinking, actions and behavior are based on mutual convictions of what is good and what is important. These are reflected in our corporate values Teamwork, Open & positive mindset, Passion, Learn and grow, Customer focus, Accountability and Integrity. They serve as guiding principles on how we do our jobs, how we act and work together.
Goals – We set goals for ourselves for profitability, quality, safety, health and environmental protection based on these management policies while considering our strategic context and the most important requirements for our relevant, interested parties. We are also committed to long-term reductions in energy consumption and increasing our energy efficiency through continuous process improvement (CPI). We make information and resources available to meet these targets and constantly measure our level of success using key metrics to foster the growth of our business.
Employees – Having capable and responsible employees is important to us. We train our employees in ongoing courses focused on quality, work safety, health, environmental protection, codes of conduct and energy efficiency. We recognize successful performance of our employees and encourage them to excel. Every employee is responsible for doing his or her part to meet our quality, work safety, health, environmental protection and resource conservation targets.
Sustainability – For CeramTec, sustainability is a holistic concept for the future. In accordance with our corporate social responsibility policy and our code of conduct, we assume responsibility for our thoughts and our actions in economical, ecological and social dimensions. We follow guidelines and regulations that apply to all employees worldwide to ensure sustainability in all of our business operations.
A collective vision and collective goals unite us. With advanced ceramics, we drive technologies capable of overcoming a range of technical challenges. We are always developing new, intelligent solutions and supply numerous markets in the medical and industrial sectors with a growing product portfolio. This makes us proud.
But the end doesn’t justify the means. Our actions and behaviour are based on mutual convictions of what is good and what is important. The CeramTec values were forged in our everyday work and in numerous dedicated workshops. Over 100 employees worldwide – from the USA, China, Malaysia, the UK and Germany – were actively involved in the discussions and the development of our values. These convictions are reflected in our corporate values and unify our company across the planet.
The CeramTec Group has an industrial history that goes back over a century. It all started with the production site in Marktredwitz, Germany, which was established in 1903. The original product manufactured there was porcelain, which was later developed into industrial ceramics and finally into today’s modern, advanced ceramics. Today’s CeramTec resulted from the acquisition of Hoechst CeramTec AG by Cerasiv GmbH in 1996.
The Thomas factories (Thomaswerke) were founded at the Marktredwitz site in 1903, and taken over by Philipp Rosenthal & Co. AG in 1908. In 1921 they began cooperating with AEG in the development of technical porcelain. The two companies intensified this partnership in the area of technical ceramics in 1936, resulting in the foundation of Rosenthal Isolatoren GmbH, also known as RIG. With the intention of manufacturing technical ceramics, they reorganized their cooperation in 1971, establishing Rosenthal Stemag Technische Keramik GmbH, which was renamed Rosenthal Technik AG in 1974. In 1985 Hoechst AG acquired the company and from that point on operated it under the name Hoechst CeramTec AG.
The CeramTec site in Lauf an der Pegnitz has its roots in Steatit-Magnesia Aktiengesellschaft (STEMAG AG), founded in 1921. Following an initial incorporation into AEG in 1970, the company merged into Rosenthal Stemag Technische Keramik GmbH in 1971 as part of the reorganization of the partnership between Rosenthal and AEG.
Südplastik Gummi- und Kunststoffverarbeitung GmbH began operations at the CeramTec site in Plochingen in 1951. Feldmühle AG took over the company in 1953, renaming it Südplastik und -keramik GmbH (SPK). Feldmühle AG refocused its ceramic activities in 1991 in the newly founded Cerasiv GmbH, but then quickly sold it in 1992 to Metallgesellschaft AG, which integrated the company into its subsidiary Dynamit Nobel AG.
Cerasiv GmbH’s acquisition of Hoechst CeramTec AG followed in 1996, resulting in the founding of CeramTec AG as a Metallgesellschaft AG (from 2000 mg technologies AG) company.
mg technologies AG’s subgroup Dynamit Nobel AG broke away from it in 2004. KKR, an American private equity firm, became the main buyer, integrating parts of Dynamit Nobel AG into Rockwood Holdings Inc. In the process, the Princeton, New Jersey-based Rockwood Group took over ownership of CeramTec AG. Rockwood had business segments in specialty chemicals and advanced materials. In 2013, Rockwood decided to focus on its Lithium activities and divested several of its companies. The CeramTec-Group was then acquired by CINVEN, a leading European private equity firm.
CeramTec continued to grow as a company, acquiring and integrating the Cartridge business from Ideal Standard, located in Wittlich, in 2006, followed by the acquisition of Emil Müller GmbH in Wilhermsdorf, Germany into the group as a subsidiary in 2007. A further acquisition followed in 2008: ETEC Gesellschaft für technische Keramik mbH also became a subsidiary and was renamed CeramTec-ETEC GmbH.
In 2015, DAI Ceramics in Willoughby, OH, USA was acquired, followed by the acquisition of the UK Electro-Ceramics business from Morgan Advanced Materials in 2017.
The company is present around the globe and has production sites and sales offices in the world’s most important markets, including North America in Laurens, South Carolina and China in Suzhou.