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COORSTEK MEDICAL ACQUIRES EUROPEAN DEVICE MANUFACTURER NANOSURFACES INDUSTRIES SRL.

Bologna, Italy-based company brings long-established European operations, key capabilities and manufacturing contracts to support CoorsTek Medical’s expansion

 

FORT WORTH, TEXAS November 18, 2014 CoorsTek Medical, the CoorsTek-affiliated company dedicated to making lives measurably better today announced that it had acquired medical device manufacturer Nanosurfaces Industries Srl. (NSI) of Bologna, Italy. NSI was the manufacturing division of SAMO s.pa, one of Europe’s longest-standing orthopedic original equipment manufacturers (OEMs). As part of the agreement, CoorsTek Medical will add the newly restructured SAMO and SAMO Italia to the extensive roster of medical device OEMs it manufactures for. After a brief transition period, the Nanosurfaces Industries name will be retired and the Bologna operations will fully adopt the CoorsTek Medical brand.

 

The new CoorsTek Medical entity establishes a strong European presence for the company with a 25,000 sq. ft. manufacturing facility in Bologna, Italy. The facility brings CoorsTek Medical a complete manufacturing operation for orthopedic and dental implants and related instruments. Additional synergies with CoorsTek Medical will include the expansion of CoorsTek Medical’s manufacturing competencies through Bologna’s exceptional surface modification technology capabilities such as type I and II anodization.

 

“CoorsTek is a widely known and well respected brand in Europe, providing strong support for CoorsTek Medical’s expansion in the European medical device sector,” said Jonathan Coors, CEO of CoorsTek Medical. “CoorsTek Medical’s acquisition of NSI gives us direct access to a large and growing European medical device marketplace in addition to increasing CoorsTek Medical’s manufacturing capacity, expertise, and capabilities. They are a great fit for CoorsTek and CoorsTek Medical.”

 

About CoorsTek Medical


CoorsTek Medical offers the specialized knowledge, experience, world-class infrastructure and proven processes required to get medical device innovations to market quickly and successfully. By working together with our partners in the medical device community, we are making lives measurably better each and every day. For more information, please visit www.coorstekmedical.com.

 

Media Contacts:


Rick Keating

Keating/co

212 925 6900 (office)

917 767 2400 (mobile)

rkeating@keatingco.com

 

Bill Fallon

Keating/co

212 925 6900 (office)

973 768 6764 (mobile)

bfallon@keatingco.com