Industry Watch: Danaher enters agreement to acquire Nobel Biocare
November 03, 2014
Danaher Corp. said Sept. 15 that it has entered into a definitive transaction agreement to acquire Nobel Biocare Holding AG, a Swiss dental implant manufacturer.
Nobel will be a cornerstone of Danaher’s "dental platform," the company said. The Danaher dental platform is a global portfolio of dental brands including KaVo, Kerr, Kerr Total Care, Pentron, Axis/SybronEndo, Orascoptic, Pelton & Crane, Marus, Gendex, DEXIS, Instrumentarium, SOREDEX, i-CAT, NOMAD, DUX Dental and Ormco.
"Bringing Nobel Biocare's deep expertise in implant dentistry, digital prosthetics and software solutions together with our extensive knowledge in 3D imaging, intraoral scanning and digital restorative solutions will further enable us to optimize and integrate workflows," said Henk van Duijnhoven, senior vice president of Danaher’s dental platform. "This will lead to better clinical outcomes, shorter treatment times and fewer office visits to the benefit of patients and dental practitioners."
The announcement drew immediate attention from mainstream media including The Wall Street Journal and The Washington Post.