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Henry Schein, Inc., the world’s largest provider of health care products and services to office-based dental, animal health, and medical practitioners, announced three investments that will advance the Company’s dental implant business strategy.
Henry Schein will enhance its position in the premium implant segment through the acquisition of Intra-Lock, a provider of dental restoration solutions, including proprietary surface, connection, and biomaterial and small diameter implant technologies; expand into the lower-priced segment of the dental implant market through the planned acquisition of a majority interest in Medentis Medical, a dental implant manufacturer based in Germany; and strengthen its geographic footprint in Europe with the acquisition of a majority interest in Pro-Cam Implants B.V., CAMLOG’s exclusive distributor in the Netherlands.
Together, these acquisitions represent annual sales of approximately $45 million, will be neutral to the Company’s 2018 earnings per share, and are expected to be accretive thereafter. Financial terms were not disclosed.
Intra-Lock, Medentis Medical, and Pro-Cam Implants will complement Henry Schein’s existing solutions for implant-based tooth replacement, and strengthen the Company’s position in the global dental implant market. These acquisitions will broaden the Company’s geographic reach, add innovative technologies, enhance its manufacturing footprint, and further its commitment to serve the lower-priced segment of the implant market. Upon completion of the Medentis Medical acquisition, the Company will also be better positioned to address the growing needs of emerging markets.
“The dental implant category has become increasingly important, and we are committed to offering customers a wide array of the products and services associated with implant dentistry, thereby providing a complete solution for the benefit of the dental practice,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “We believe that with the investments we have made in CAMLOG, BioHorizons, and now Intra-Lock, Medentis Medical, and Pro-Cam Implants, we are well positioned to compete in the high growth global dental implant market. We welcome our new colleagues to Team Schein and look forward to continued success together.”
For Further Information
More on the dental implant fixtures and final abutments market in the U.S. can be found in a series of reports published by iData entitled the U.S. Market Report Suite for Dental Implant Fixtures and Final Abutments. This report covers the following market segments: dental implant fixtures, final abutments, dental implant instrument kits, treatment planning software and surgical guides.
The iData series on the market for dental implant fixtures and final abutments covers the U.S., Latin America (Brazil, Mexico, Argentina) and 15 countries in Europe including Germany, France, the United Kingdom (U.K.), Italy, Spain, Benelux (Belgium, Netherlands and Luxemburg), Scandinavia (Finland, Denmark, Sweden and Norway), Portugal, Austria and Switzerland. Reports provide a comprehensive analysis including units sold, procedure numbers, market value, forecasts, as well as detailed competitive market shares and analysis of major players’ success strategies in each market and segment. To find out more about dental implant fixtures and final abutments market data or procedure data, register online or email us at firstname.lastname@example.org for a U.S. Market Report Suite for Dental Implant Fixtures and Final Abutments brochure and synopsis.