# 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.

- Type: Acquisition
- Announced: 2017-03-07
- Where: Ruabon and Southampton, United Kingdom
- Value: $58.0M (47.0M GBP)
- Status: announced
- Products: piezo and dielectric ceramic products
- Sectors: [Specialty Chemicals](https://endata.com/sectors/specialty-chemicals.md)

## Companies

- [Morgan Advanced Materials](https://endata.com/companies/954.md) (partner)
- [CeramTec](https://endata.com/companies/22689.md) (acquirer)
- [UK Electro-Ceramics](https://endata.com/companies/22690.md) (target)

## Sources

- [pim-international.com](https://www.pim-international.com/ceramtec-announces-acquisition-uk-electro-ceramics/), 2017-03-07: "This transaction opens the door to many new opportunities and possibilities for CeramTec: new markets, new application areas, and new developments."

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