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Big news involving a pair of large dental companies was announced Thanksgiving week. Ivoclar Vivadent, headquartered in Schaan, Liechtenstein, announced the acquisition of Wieland Dental, a major supplier of dental systems solutions. The acquisition should be completed by the end of the year.
Big news involving a pair of large dental companies was announced Thanksgiving week. Ivoclar Vivadent, headquartered in Schaan, Liechtenstein, announced the acquisition of Wieland Dental, a major supplier of dental systems solutions. The acquisition should be completed by the end of the year.
The transaction is still subject to approval by the German Federal Cartel Office, but once completed Ivoclar Vivadent would acquire the shares of BWK holding company and of the Wieland founding family. Wieland Dental, which employs 190 staff, achieved a sales volume of about 60 million euros in 2011.
Ivoclar Vivadent boasts a comprehensive range of products and systems for dentists and dental technicians. All-ceramics is one of the company’s core competences. With the takeover of Wieland Dental, the enterprise strengthens its position in the field of all-ceramic product systems.
“Wieland Dental is a leading European manufacturer in the field of dental products with market leading brands and a strong sales team,” said Robert Ganley, CEO of Ivoclar Vivadent. “We are very pleased to have them join the Ivoclar Vivadent Group.”
Wieland Dental, based in Pforzheim, Germany, is one of the leading suppliers in the dental technology market. With a wide array of products ranging from CAD/CAM materials to dental alloys and veneering ceramics up to electroplating, the company offers individual laboratory concepts and systems solutions.
Wieland Dental’s products represent an important addition to Ivoclar Vivadent’s product portfolio. Wieland Dental will continue operations under its existing name and management.