Clifford Chance advised Czech bank Ceska sporitelna on the financing of the aquisition of electroplating plastic and injection moulding specialist Fischer surface technologies by funds advised by DPE Deutsche Private Equity GmbH. The parties agreed not to disclose any details regarding the volume of the financing.

Fischer surface technologies is a leading producer of electroplated plastic moulded parts for the automotive industry, sanitary equipment and domestic appliances. The company generated revenues of approximately EUR 70 million during the current financial year with its more than 600 employees at their German plants in Katzenelnbogen and Seelbach as well as three sites in Liberec, Czech Republic.

With almost 5 million clients, Ceska sporitelna, a. s. is the Czech Republic's largest bank.

The Clifford Chance team comprised partners Thomas Weitkamp (lead, Banking & Capital Markets, Munich) and Milos Felgr (Banking & Finance, Prague), senior associate Adela Hardmeyer (Frankfurt), associates Jennifer Seipelt, Alexander Lang (both Munchen, all Banking & Capital Markets) and associate Marian Husar (Banking & Finance, Prague) as well as partner Thorsten Sauerhering (Tax, Frankfurt) and Petr Sebesta (Tax, Prague).