Monday, November 25, 2013

DENTSPLY International Inc. Announces Two Acquisitions

York, PA - November 22, 2013 - DENTSPLY International Inc.(NASDAQ-XRAY) today announced that it completed one acquisition and has signed an agreement and expects to close a second in the near future.  The Company completed the acquisition of QAHR, a direct dental selling organization with headquarters in Hong Kong and operations also in mainland China.  DENTSPLY has had a commercial relationship with QAHR since 2000 focused primarily on certain of its key dental implant brands.  The Company also announced that it has entered into an agreement to acquire certain assets of Triodent, a New Zealand-based manufacturer of a line of professional dental consumables used in restorative dentistry.  Triodent is known for its innovative sectional matrix system.
 
These two acquisitions represent aggregate annual revenue of approximately $30 million, of which approximately half would be incremental to DENTSPLY given the prior commercial relationship that existed with both companies.  Terms of the transactions were not disclosed.

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