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New Deal


Announced

Completed

Momentive Technologies completed acquisition of crucibles business from CoorsTe for $180m.

Financials

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Transaction Value£156m
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

ceramics

Private

Majority

Building Materials: Other

Acquisition

Domestic

Completed

Friendly

Single Bidder

Synopsis

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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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