# CeramTec UK completes acquisition of Morgan Advanced Materials' electro-ceramics business

CeramTec UK Ltd. completed the acquisition of the UK Electro-Ceramics Business from Morgan Advanced Materials plc for £47 million. The deal was announced on February 22, 2017.

- Type: Acquisition
- Announced: 2017-02-22
- Where: United Kingdom
- Value: $59.0M (47.0M GBP)
- Status: completed
- Products: electro-ceramics
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Morgan Advanced Materials](https://endata.com/companies/954.md) (target)
- [CeramTec UK](https://endata.com/companies/16962.md) (acquirer)

## Sources

- [marketscreener.com](https://www.marketscreener.com/quote/stock/MORGAN-ADVANCED-MATERIALS-9590168/news/CeramTec-UK-Ltd-agreed-to-acquire-UK-Electro-Ceramics-Business-from-Morgan-Advanced-Materials-plc-f-35189847/), 2017-02-21: "CeramTec UK Ltd. agreed to acquire UK Electro-Ceramics Business from Morgan Advanced Materials plc for £47 million."
- [marketscreener.com](https://www.marketscreener.com/quote/stock/MORGAN-ADVANCED-MATERIALS-9590168/news/CeramTec-UK-Ltd-completed-the-acquisition-of-UK-Electro-Ceramics-Business-from-Morgan-Advanced-Mate-35147078/), 2017-03-30: "CeramTec UK Ltd. completed the acquisition of UK Electro-Ceramics Business from Morgan Advanced Materials plc"

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.