UnitedCoatings Group Announces Acquisition of CoorsTek Medical
Acquistion Broadens UnitedCoating’s Capabilities to Offer Comprehensive Supply Chain Solutions
Rubbiano, Italy, July 18, 2019 — 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 orthopedic device OEMs announced today that, after its acquisition of NanoSurfaces from CoorsTek Medical in 2018, it has now acquired 100% of CoorsTek Medical LLC from CoorsTek, LLC.
Based in Fort Worth, TX, CoorsTek Medical has long been recognized as a reliable partner and a disruptive innovator in the medical device market. The company’s service offerings include casting and machining of a wide variety of medical device implants and instruments and a full range of product development services that 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 an historic milestone for the Group“, says 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, stated “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.
About UnitedCoatings Group
UnitedCoatings Group headquartered in Rubbiano, Italy is a global leader in thermal spray solutions and related services for selected market niches like IGT, Aviation and Medical applications. The equipment division is offering turnkey, customized and highly automatized Thermal Spray booth solutions for all industries. Additionally, the UnitedCoatings Group is one of the most respected contract manufacturers in the Additive Manufacturing market worldwide due to its talented team and production capabilities. With this acquisition, the group will have 16 production facilities in Europe, North America and Asia-Pacific, and more than 1000 employees.
For more information, please visit: www.unitedcoatingsgroup.com