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12/10/2014

CoorsTek Medical buys Italian company

CoorsTek Medical, a Fort Worth-based manufacturer of components for medical devices, has made its first move into Europe with an acquisition in Italy.

The company recently purchased Nanosurfaces Industries Srl. of Bologna from Samo,AMO, one of Europe’s oldest makers of medical devices for the orthopedic market. The company will take the CoorsTek name.

Jonathan Coors, a member of the brewing family who is serves as CEO of CoorsTek Medical, said the acquisition will add to the company’s manufacturing capabilities and provide direct access to European markets.

CoorsTek Medical was established following the acquisition of IMDS, a group of component makers based in offices near Alliance Airport. CoorsTek, run by Jonathan’s father, John Coors, is a global manufacturer of engineered ceramics for products including military body armor.

Separately, CoorsTek said this week it has reached a definitive agreement to acquire the Japanese semiconductor-parts maker Covalent Materials Corp. from the Carlyle Group LP and Unison Capital Group.

-- Steve Kaskovich

 

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