Meridian Capital LLC and Cooper Parry, members of Global M&A Partners, are pleased to announce the successful sale of Crewe, England-based Dynamic-Materials (Ceramics) Limited and its wholly owned subsidiary Dynamic-Ceramic Limited (a.k.a. Dynamic-Ceramic), to CoorsTek, Inc.
Established in 1987, Dynamic-Ceramic specializes in manufacturing resistant material solutions made from alumina, zirconia, silicon carbide, silicon nitride, boron carbide, machinable ceramics, coatings, composites, and zirconia toughened alumina for a wide range of industrial sectors across the globe. The business is recognized as the UK’s leading producer in transformation toughened zirconia ceramics.
Founded in 1910, Colorado-based CoorsTek is the world’s largest technical ceramics manufacturer specializing in the aerospace, power generation & distribution, automotive, household goods, process control & monitoring, industrial equipment, oil & gas and electronics sectors. CoorsTek operates from 40 locations across North and South America, Europe, and Asia.
Brian Irvine CEO of Dynamic-Materials Group Limited, based in the East Midlands said, “I am sure with the expertise of CoorsTek, Dynamic Ceramic will continue to grow successfully and play an ever increasing role in supplying high-end components to an international customer base, and I look forward to watching the company enter into the next stage of its development.”
Clare Nordquist, senior advisor at Meridian Capital commented on the transaction, “The acquisition of Dynamic-Ceramic by CoorsTek is a very positive development for both parties. The blending of their respective products, technologies, and management, appears highly synergistic, boding well for the future. Meridian Capital is extremely pleased to have represented the shareholders of Dynamic-Ceramic in completing the transaction. It was a real pleasure working with all of the parties.”
John Bryant of Cooper Parry said, “This has been a true success story. Watching the shareholders develop the company over the last few years into its market leading position, then helping them realize value through this transaction continues to demonstrate that the corporate finance market is strengthening and certain sectors are attracting a lot of potential suitors, especially from overseas buyers.”
In connection with the transaction, Meridian and Cooper Parry served as Dynamic-Ceramic’s exclusive financial and strategic advisors on the transaction, with Browne Jacobson serving as legal counsel.