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CeramTec acquires UK Electro-Ceramics from Morgan Advanced Materials for £47M · Endata

◂ Announcements

Mar 7, 2017ACQUISITIONRuabon and Southampton, United Kingdom

CeramTec acquires UK Electro-Ceramics from Morgan Advanced Materials for £47M

CeramTec has announced the acquisition of UK Electro-Ceramics, a specialist electro-ceramics manufacturer, from Morgan Advanced Materials PLC for £47 million in cash. The deal is expected to complete in April 2017.

Value

$58.0M (47.0M GBP)

Status

Announced

Productspiezo and dielectric ceramic products

CompaniesMorgan Advanced Materials partner CeramTec acquirer UK Electro-Ceramics target

Sectors#Specialty Chemicals

“This transaction opens the door to many new opportunities and possibilities for CeramTec: new markets, new application areas, and new developments.”pim-international.com

1 source
pim-international.comCeramTec announces acquisition of UK Electro-CeramicsMar 7, 2017

Summarized from public sources; check the original articles before acting on it.

More from Morgan Advanced Materials

Jun 8, 2018CONTRACTBurlington, Ontario, Canada$312K
Morgan Advanced Materials receives $404,828 contract from Canadian government
Morgan Advanced Materials Government of Canada customer newswire.ca
Feb 22, 2017ACQUISITIONUnited Kingdom$59.0M
CeramTec UK completes acquisition of Morgan Advanced Materials' electro-ceramics business
Morgan Advanced Materials target CeramTec UK acquirer marketscreener.com
Feb 17, 2017ACQUISITIONAntweiler, Germany; Chalon-St-Memmie, France, Germany$42.0M
Moog to acquire Morgan Advanced Materials' Rotary Transfer Systems business for €40M
Moog acquirer Morgan Advanced Materials target globenewswire.com
Nov 18, 2016CONTRACTUnited Kingdom$1.36M
Morgan Advanced Materials wins £1.1M MoD ballistic shields contract
Morgan Advanced Materials UK Ministry of Defence customer safetyengineeringconsulting.co.uk

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