European Capital in Buyout of Metall Technologie Holding

December 14, 2006

Cleary Gottlieb represented European Capital, the European arm of American Capital, in its leveraged acquisition of Metall Technologie Holding GmbH. The acquisition, which closed on December 14, was financed through senior and mezzanine facilities, equity and quasi-equity instruments.

European Capital is a €1.7 billion buyout and mezzanine fund. American Capital is a publicly-traded, $12 billion buyout and mezzanine fund. Metall Technologie Holding is a producer of high-end industrial furnaces with subsidiaries in France and Germany.