Announced
Completed
Financials
Tags
United States
ceramics
Private
Majority
Building Materials: Other
Acquisition
Domestic
Completed
Friendly
Single Bidder
Synopsis
Momentive Technologies, a provider of advanced materials, completed acquisition of crucibles business from CoorsTe, a manufacturer of technical ceramics, for $180m. “We are a world-leading manufacturer of high purity fused quartz and specialty ceramics for use in leading edge technology industries. We have manufacturing sites in Japan, China, Germany and the USA. I am thrilled to welcome CoorsTek’s crucible product line and employees onboard. The crucible businesses from CoorsTek and Momentive Technologies will be critical to the future growth of this company," Philip Rose, Momentive Technologies CEO.
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