M&A Deal Summary

CoorsTek Acquires Covalent Materials

On December 29, 2014, CoorsTek acquired semiconductors company Covalent Materials from The Carlyle Group and Unison Capital

Acquisition Highlights
  • This is CoorsTek’s 2nd transaction in the Semiconductors sector.
  • This is CoorsTek’s 1st transaction in Japan.

M&A Deal Summary

Date 2014-12-29
Target Covalent Materials
Sector Semiconductors
Buyer(s) CoorsTek
Sellers(s) The Carlyle Group
Unison Capital
Deal Type Add-on Acquisition

Target

Covalent Materials

Tokyo, Japan
Covalent Materials Corp. is a manufacturer of advanced materials such as semiconductor-related ceramics products, FPD-related ceramics products and silicon wafers.

Search 214,356 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try Free

Buyer(S) 1

Buyer

CoorsTek

Golden, Colorado, United States

Category Company
Founded 1910
Sector Machinery
Employees2,361
DESCRIPTION

CoorsTek, Inc.is a largest engineered ceramics manufacturer, today announced that it has finalized the acquisition of Covalent Materials, a leading Japanese engineered ceramics manufacturer.


DEAL STATS #
Overall 4 of 5
Sector: Semiconductors M&A 2 of 2
Type: Add-on Acquisition M&A Deals 4 of 5
Country: Japan M&A 1 of 1
Year: 2014 M&A 2 of 2
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-10-24 Boulder Ionics

Arvada, Colorado, United States

Boulder Ionics is a developer and manufacturer of low-cost synthesis products for producing ionic liquid electrolytes for use in advanced energy storage devices.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-06-08 BLS Textiles

Cambridge, Ontario, Canada

BLS Textiles, Inc. is designs, develops and manufacturer of the armour panels used for door armour for the Ford Police Interceptor.

Buy -

Seller(S) 2

SELLER

The Carlyle Group

Washington, District of Columbia, United States

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1987
PE ASSETS 435.0B USD
Size Mega
Type Sector Agnostic
DESCRIPTION
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.
Carlyle's corporate headquarters on Pennsylvania Ave. in Washington, DC.

The Carlyle Group is a global investment firm that pursues private equity, credit, and real estate investments worldwide. Carlyle's private equity practice practice pursues buyouts, strategic minority equity investments, equity private placements, consolidations and buildups, and growth capital financings. With offices in 19 countries, Carlyle can easily target opportunities throughout North America, Europe, Asia, Australia, the Middle East/North Africa and Latin America. Broad sectors of interest include aerospace, defense, automotive and transportation, consumer, retail, energy and power, financial services, healthcare, industrial, infrastructure, technology services, business services, telecommunications and media. The Carlyle Group was formed in 1987 and is based in Washington DC.


DEAL STATS #
Overall 267 of 488
Sector: Semiconductors M&A 5 of 6
Type: Add-on Acquisition M&A Deals 118 of 202
Country: Japan M&A 9 of 17
Year: 2014 M&A 24 of 24
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2014-12-23 Sematic Group

Osio, Italy

Sematic Group is a supplier of elevators and elevator components headquartered in Osio Sotto, Italy.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-01-01 PIB Group

London, United Kingdom

PIB Group is an insurance intermediary group aiming to create a leading position in the provision of specialist insurance solutions across the UK market. PIB Group was founded in 2015 and is based in London, United Kingdom.

Buy -
SELLER

Unison Capital

Tokyo, Japan

Investor Investor Investor Investor Investor


Category Private Equity Firm
Founded 1998
PE ASSETS 3.6B USD
Size Large
Type Sector Agnostic
DESCRIPTION

Unison Capital is a private equity investment firm focused on control investments in mid-cap companies operating in Japan, Korea, and Singapore. Target transaction situations include growth support, business successions, corporate carve-outs, buyouts, and restructurings. Unison is a generalist investor, however the Firm has a preference for opportunities in the retail, niche manufacturing, and healthcare sectors. Unison Capital was formed in 1998 and has offices in Tokyo, Seoul, and Singapore.


DEAL STATS #
Overall 12 of 27
Sector: Semiconductors M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 11
Country: Japan M&A 12 of 25
Year: 2014 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-09-28 Dexerials

Tochigi, Japan

Dexerials is a manufacturer of functional materials for electronic parts. Dexerials was founded in 1962 and is based in Osaki, Japan.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2015-03-01 Enoteca Co.

Minato-Ku, Japan

Enoteca a specialist wine trading company, it imports wines, operates shops, and conducts wholesale and mail-order sales of wines.

Sell -