CoorsTek Acquires Philips Ceramics Operation in Uden, Netherlands
Engineered ceramics leader extends European presence and capabilities
GOLDEN, Colo., June 1, 2016 /PRNewswire/ -- CoorsTek, the world's largest engineered ceramics manufacturer, today announced it has acquired the Philips ceramics operation in Uden, Netherlands. Through this acquisition CoorsTek expands its ongoing strategic partnership with Philips, and will serve both Philips and other regional customers from Uden. "The integration of Uden's people, equipment, and technology into CoorsTek extends our regional presence and capabilities even further — a natural fit and complement to our advanced ceramics expertise," explained Timothy Coors, Co-CEO of CoorsTek.
Support Growing European Business
Adding Uden extends the CoorsTek footprint to a dozen European manufacturing locations — in the Czech Republic, England, Finland, Germany, Italy, Netherlands, Norway, Scotland, and Sweden. "The Uden team will help support our expanding customer base across Europe and around the world," said Andreas Schneider, Executive VP of CoorsTek in Lauf, Germany. CoorsTek serves over 10,000 technology and manufacturing customers in 70 countries, delivering local service from its network of 50 locations on four continents.
Build on Engineered Ceramics Technology
"CoorsTek has known and respected Philips and Uden for decades," added Andreas. "Combining Uden's 60 years of engineering know-how and manufacturing capabilities with the ceramics expertise CoorsTek has developed over the past century — it is a great opportunity to push the frontiers of technology and help make the world measurably better." Using advanced ceramic injection molding and automated volume manufacturing, Uden can produce millions of high-purity ceramic parts each year.
Extend Market Reach
As a part of Philips, Uden was focused primarily on supporting the company's market-leading global lighting business. In addition to securing an exclusive, long-term agreement to supply Philips Lighting, CoorsTek will use these capabilities to serve a broader set of customers and applications beyond lighting — including automotive, electronics, and medical.
"Together with our Uden colleagues, the CoorsTek team will help even more companies create and deliver amazing solutions to some of their toughest challenges," summarized Timothy.
See the video announcement.
About CoorsTek
CoorsTek makes the world measurably better as the partner of choice for technology and manufacturing companies worldwide whose success requires the unique, high-performance properties of products manufactured from engineered ceramics and advanced materials. CoorsTek products and components touch people's lives through amazing solutions to global challenges in energy, transportation, information technology, healthcare, and defense, among others. For more information about CoorsTek, including product information, its history since 1910, and locations throughout Europe, North America, South America, and Asia, visit coorstek.com.
Media Contacts
| Dane Bartlett | CoorsTek +1 303 271 7000 |
Bill Fallon | keating/co [email protected] |
Video - http://youtu.be/MAt7cmie1j4
Logo - http://photos.prnewswire.com/prnh/20151214/295782LOGO
SOURCE CoorsTek
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