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Monday, March 8, 2021

UnitedCoatings Group division acquires Fort Worth’s CoorsTek Medical

Rubbiano, Italy-based UnitedCoatings Group, together with its medical division (Eurocoating SpA, Surface Dynamics, NanoSurfaces Industries, Anteco and Eurocoating Medical Technology Wuxi), a leading global supplier of integrated contract manufacturing solutions to medical device OEMs, announced July 18 that, after its acquisition of NanoSurfaces from CoorsTek Medical in 2018, it has acquired 100% of Fort Worth-based CoorsTek Medical LLC from CoorsTek LLC. No price for the transaction was released.

According to a news release from UnitedCoatings, CoorsTek Medical has long been recognized as a reliable partner and innovator in the medical device outsourcing market. The company’s service offerings include 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. With its focus on improvement, the company has built a strong pipeline of both development and manufacturing projects.

“The acquisition of CoorsTek Medical is a historic milestone for the Group,” said Nelso Antolotti, founder and executive chairman of UnitedCoatings Group. “This is our biggest acquisition to date and a major step in our internationalization strategy. We have been very successful in maintaining a good mix of organic growth and acquisitions, putting together a unique combination of high-quality services to the medical device industry. We are very happy to welcome the CoorsTek Medical Team to the family!”

Mike Meiggs, president of CoorsTek Medical,said, “Today is an exciting day for the employees of CoorsTek Medical as we join forces with a Contract Manufacturer known worldwide for delivering highly technical solutions in its varied market offerings. With the combined services now offered under UnitedCoatings Group, we are poised to become a leader in the Medical Device Outsourcing market.”

http://www.coorstekmedical.com/CoorstekMedical.aspx#view

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