CoorsTek	  Finalizes	  Acquisition	  of	  Covalent	
  Materials	  Corporation	  Strategic	  transaction	  creates	
  a	  company	  with	  $1.25	  billion	  in	  annual	
  revenue,	  offering	  the	  most	  extensive	  engineered	  ceramics	  portfolio	  in	  the	  industry	  and	  serving	  over	
  10,000	  technology	  and	
  manufacturing	  customers	  worldwide	  	  GOLDEN,	  COLORADO	  USA	  DECEMBER	
  29,	  2014	  and	  TOKYO,	  JAPAN-­‐	  DECEMBER	  30,	  2014	  	  	  CoorsTek,	  Inc.	  the	  world’s	  largest	  engineered	
  ceramics	  manufacturer,	  today	  announced	  that	  it	  has	  finalized	  the	  acquisition	  of	  Covalent	  Materials,	
  a	  leading	  Japanese	
  engineered	  ceramics	
  manufacturer.	  	
  	  	  This	  strategic	  acquisition	  furthers	  CoorsTek’s	  leadership	  in	  engineered	  ceramics,	  through	  a	  market-­‐leading	  portfolio	  of	  over	
  300	  materials,	  including	
  alumina,	  carbon,	  silica,	  silicon,	
  silicon	  carbide,	  quartz,	  yttria	  and	  zirconia,	  supported	  by	  the	
  industry’s	  largest	  and	  most	  sophisticated	  research	  and	
  development	  infrastructure,	  with	  centers	  in	  North	  America,	  Europe,	
  and	  Asia.	  	
  	  	  	  	  CoorsTek	
  now	  has	  over	  50	  production	  facilities	  in	  14	  countries	
  across	  4	  continents,	  and	  6,000	  employees.	  	  	  The	
  acquisition	
  provides	  substantially	  expanded	  access	  to	  Japanese	  and	  other	
  key	  Asian	  markets,	  complementing	
  CoorsTek’s	
  existing	  Japanese	  and	  South	  Korean	  operations	  as	  well	  as	  its	  strong	  North	  American,	
  European	  and	  South	
  American	
  presence.	  	  	  CoorsTek	
  and	  Covalent	  serve	  over	  10,000	
  industry	  leading	  technology	  and	  manufacturing	  customers	  across	  all	  major	  industrial	  markets.	
  	  The	  semiconductor	  industry	  is	  a	  key	  market	  to	  the	  newly	  expanded	  CoorsTek,	
  where	  it	  is	  among	  its	  largest,	  most	  experienced,	  and	
  trusted	
  providers	  of	  advanced,	  enabling	  technologies.	  	  	  	  The	  Covalent	
  facilities	  are	  now	  a	  part	  of	  the	  CoorsTek	  Semiconductor	
  and	  Medical	  group	  led	  by	  Jonathan	  Coors,	  its	  Chief	  Executive	  Officer.	  	  	  Toshio	
  Nagahama,	  President	  and	  Chief	  Executive	  Officer	  of	  Covalent	  will	
  remain	  in	  his	  position,	  reporting	  to	  Jonathan	  Coors.	  
“I	  am	  very	  pleased	  with	  our	  acquisition	  of	  Covalent	  Materials	
  and	  adding	  their	  well-­‐known	  competencies	  to	  an	  already	
  strong	  CoorsTek,”	  said	  Dr.	  John	  Coors,	  Chairman,	  President,	  and	  Chief	  Executive	  Officer	  of	  CoorsTek.	  	  	  “It	  extends	
  our	  industry	  leadership	  in	  materials	  engineering	  and	
  manufacturing	
  capabilities	  while	  expanding	  both	
  our	  customer	  base	  and	
  overall	  market	  presence	  in	  Asia.	  	  We	  could	  not	  have	  found	  a	  better	  fit	  to	  support	  our	  strategic	  growth	  objectives.”	  “As	  Toshiba	  Ceramics	  and	
  Covalent	  Materials,	
  our	  company	  has	  amassed	  a	  great	  record	  of	  accomplishment	  and	  innovation,	
  one	  that	  now	  becomes	  a	  part	  of	  a	  larger	  history	  –	  that	  of	  CoorsTek,”	  said	  Toshio	  Nagahama.	  	  “The	  next	  chapters	  of	  our	  combined	  history	  will	  be	  characterized	  by	  nearly	  limitless	  possibilities	  and	  advances	  that	
  make	  the	  world	  measurably	
  better.”	
  	  “CoorsTek	  sees	  significant	  opportunities	  to	  bring	
  the	  combined	  strengths	  of	  CoorsTek	
  and	  Covalent	  to	  meet	  the	  present	  and	
  future	
  needs	
  of	  the	  global	  semiconductor	  market,”	  said	  Jonathan	  Coors,	  Chief	  Executive	  Officer	  of	  the	  CoorsTek	  Semiconductor	  and	  Medical	  Group.	  	  “As	  one	  company	  our	  potential	  to	  provide	  transformational	
  solutions	  is	  unmatched	  in	  the	  industry	  at	  a	  time	  when	  the	  impact	
  of	  semiconductor	
  technology	
  on	  society	  has	
  never	  been	  greater.”	
  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	  North	  America,	  South	  America,	  Europe	  and	  Asia,	  visit	  www.coorstek.com.	  	
  	  	  For	  more	
  information	
  about	  Covalent	  Materials	
  please	  visit	  www.covalent.co.jp.	  
Corporate	  Contacts:	  CoorsTek-­‐	  in	  USA	  Dane	  Bartlett	  Chief	  Administrative	  Officer,	  General	
  Counsel	  &	  Secretary	  +1	  (303)	  271-­‐7000	  dbartlett@coorstek.com	  	  CoorsTek-­‐	  in	  Japan	
  (formerly	  Covalent	  Materials)	  Shiro	  Inoue,	  Head	  of	  Legal	  Group	  +81	  3-­‐5437-­‐6265	  s.inoue@covalent.co.jp	
  	  Media	  Contacts:	  CoorsTek-­‐	  in	  USA	  Rick	
  Keating	  Keating/co	  +1	  (212)	  925-­‐6900	  (office)	  +1	  (917)	  767-­‐2400	  (mobile)	  bfallon@keatingco.com	  	  CoorsTek-­‐in	
  Japan	
  (formerly	
  Covalent	  Materials)	  Shiro	  Inoue,	  Head	  of	  Legal	  Group	  +81	  3-­‐5437-­‐6265	  s.inoue@covalent.co.jp