Sunday, April 19, 2009
Baush & Lomb to acquire Steri-Oss
Bausch & Lomb Inc. of Rochester said yesterday that it planned to buy Steri-Oss, a maker of dental implants based in Anaheim, Calif. The value of the all-cash deal was not disclosed. The annual dental-implant market is about $100 million in the United States and $150 million to $160 million in Europe, according to Bausch & Lomb, which expects the market to grow by about 20 percent annually. Steri-Oss, founded in 1985, also makes surgical instruments used to insert the implants into a patient's mouth and other implant-related products. Steri-Oss has 100 employees and annual sales of about $13 million.