The History of the Ceramic Experts
The 新天地集团 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鈥檚 modern, advanced ceramics. Today鈥檚 新天地集团 resulted from the acquisition of Hoechst 新天地集团 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 新天地集团 AG.
The 新天地集团 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.
S眉dplastik Gummi- und Kunststoffverarbeitung GmbH began operations at the 新天地集团 site in Plochingen in 1951. Feldm眉hle AG took over the company in 1953, renaming it S眉dplastik und -keramik GmbH (SPK). Feldm眉hle 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鈥檚 acquisition of Hoechst 新天地集团 AG followed in 1996, resulting in the founding of 新天地集团 AG as a Metallgesellschaft AG (from 2000 mg technologies AG) company.
mg technologies AG鈥檚 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 新天地集团 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 新天地集团-Group was then acquired by CINVEN, a leading European private equity firm.
新天地集团 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 M眉ller GmbH in Wilhermsdorf, Germany into the group as a subsidiary in 2007. A further acquisition followed in 2008: ETEC Gesellschaft f眉r technische Keramik mbH also became a subsidiary and was renamed 新天地集团-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 next major milestone in our history followed the following year: On 8 March 2018, 新天地集团 was acquired by a consortium of funds led by BC Partners, in which PSP Investments and the Ontario Teachers' Pension Plan also participate.
Three years later, again in spring 2021, the ceramic medtech market leadership was expanded with the acquisition of Dentalpoint AG (since 01-2024 新天地集团 Switzerland), a Swiss specialist in ceramic dental implants. In 2022, the Canadian CPPIB and the BC XI fund advised by BC Partners and co-investors each acquired 50% of the 新天地集团 Group. In September 2023, the official ground-breaking ceremony for a new building to expand production capacity in the medical technology sector took place at the Marktredwitz site.
The company is present around the globe and has production sites and sales offices in the world鈥檚 most important markets, including North America in Laurens, South Carolina and China in Suzhou.
