Clifford Chance (CC) and Willkie Farr & Gallagher are among several firms to have advised on private equity giant Cinven's €1.5bn (£1.3bn) buyout of German ceramics producer CeramTec. 

CC acted for Cinven with a team led by Frankfurt private equity and M&A partner Christopher Kellet. Support came from London lawyers including finance partner Roderick McGillivray, capital markets partner Michael Dakin, antitrust partner Greg Olsen and corporate partners Brendan Moylan and Jonny Myers, who is also the firm's Cinven relationship partner. 

The team also included New York banking partner Jason Young and Washington regulatory partner George Kleinfeld, as well as lawyers handling due diligence in CC's bases in Germany, China, Brazil, the Czech Republic, Japan, Italy, Korea, Poland and Spain.

Kellet said: "It was a competitive process – one challenge was to be able to sign three days after Cinven's final bid was delivered. This was only possible because we worked with Cinven and the sellers to prepare the ground in advance."

Willkie Farr's Frankfurt office advised the sellers, Rockwood Holdings, with a team headed by corporate partner Georg Linde. New York firm Cahill Gordon & Reindel advised the bond providers, while White & Case acted for the senior lending banks.