M&A Deal Summary

Unitedcoatings Group Acquires CoorsTek Medical

On July 18, 2019, Unitedcoatings Group acquired medical products company CoorsTek Medical from CoorsTek

Acquisition Highlights
  • This is Unitedcoatings Group’s 1st transaction in the Medical Products sector.
  • This is Unitedcoatings Group’s 1st transaction in the United States.
  • This is Unitedcoatings Group’s 1st transaction in Texas.

M&A Deal Summary
Date 2019-07-18
Target CoorsTek Medical
Sector Medical Products
Buyer(s) Unitedcoatings Group
Sellers(s) CoorsTek
Deal Type Divestiture

Target

CoorsTek Medical

Fort Worth, Texas, United States
CoorsTek Medical LLC offers casting and machining of a wide variety of implants and instruments combined with a full range of product development services which allow the company to provide a true “Concept to Launch” service to its OEM customers.

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Buyer(S) 1

Buyer

Unitedcoatings Group

Rubbiano di Solignano, Italy
Category Company
Sector Diversified
DESCRIPTION

Unitedcoatings Group is a provider of thermal spray solutions and related services for selected markets including Industrial Gas Turbine, Aviation, and Medical Device applications. The equipment division offers turnkey, customized and highly automatized Thermal Spray booth solutions for all industries.

DEAL STATS #
Overall 1 of 1
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 1
State (Texas) 1 of 1
Country (United States) 1 of 1
Year (2019) 1 of 1

Seller(S) 1

SELLER

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 1 of 2
Sector (Medical Products) 1 of 1
Type (Divestiture) 1 of 2
State (Texas) 1 of 1
Country (United States) 1 of 2
Year (2019) 1 of 1
PREVIOUS 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 -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-01 CoorsTek - Crucibles Business

Golden, Colorado, United States

CoorsTek's Crucibles Business is used to melt and process materials at ultra-high temperatures. Quartz crucibles are specifically used to process silicon material to produce single/poly crystalline silicon ingots later to become semiconductor wafers.

Sell -
Mergr

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