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UnitedCoatings Group Acquires CoorsTek Medical

UnitedCoatings Group acquired CoorsTek Medical, provider of full-service contract medical device development and manufacturing. Serving orthopedic segments of spine, trauma and joint replacement, CoorsTek Medical offers casting and machining of implants and instruments as well as product development services.

CoorsTek Medical is based in Texas with facilities in Ohio, Oregon and Utah. It joins UnitedCoatings' medical division, comprising Eurocoating, Surface Dynamics, NanoSurfaces (acquired from CoorsTek in 2018), Anteco and Eurocoating Medical Technology Wuxi.

Surface Dynamics and Eurocoating focus on plasma spray coatings and additive manufacturing technologies, while the NanoSurfaces division offers machining, finishing, anodization and sterile packaging services. Anteco joined Eurocoating in 2012 to support growing orthopedic customer demand. Eurocoating Wuxi joined the group in 2016.

UnitedCoatings is based in Italy. With this acquisition, the group will have 1,000 employees located in 16 production facilities across Europe, North America and China.

"The acquisition of CoorsTek Medical is a 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."

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.”

Source: UnitedCoatings Group