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Henry Schein to Acquire Condor Dental, Expand Dental Sales and Service Operations in Switzerland.

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Vincent

MANews-(C)2009-2022

US-based health care solutions provider Henry Schein, Inc. (NASDAQ: HSIC) has signed a definitive agreement to acquire Switzerland-based dental distribution company Condor Dental Research Company SA which serves dental general practitioners, specialists, and laboratories in Switzerland, the company said.

Since 2004, Henry Schein has served the Swiss dental implant market through Camlog Biotechnologies GmbH, a member of the Global Oral Reconstruction Group, a Basel-based division of Henry Schein, Inc. and a leader in dental implants, biomaterials, and oral reconstruction.

The addition of Condor Dental will expand Henry Schein's entry into the Swiss market for its dental distribution business.

Condor Dental is based in Vouvry, Switzerland, and was established in 1978.

Sales for 2021 were approximately USD 18m, the majority of which were from dental consumable merchandise, with further revenue from the customization of dental practices and dental laboratory installations.

Once the transaction closes, Condor Dental will join Henry Schein's...

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