Sep
15
Dentsply to Acquire Sirona Dental for $5.5 Billion
ByTwo of the biggest makers of dental products said on Tuesday that they had agreed to combine, betting on bigger scale to take advantage of growing demand for dentistry work.
Dentsply said it would acquire Sirona Dental Systems for $5.5 billion in what the two companies called a merger of equals that would create a dental health giant with a combined market value of about $13.3 billion.
Together, they have about $3.8 billion in sales and $900 million in adjusted earnings before interest, taxes, depreciation and amortization.
By combining, the companies said, they will become a one-stop shop for a host of dental products, including new automated dental equipment and other services…
Dentsply to Acquire Sirona Dental for $5.5 Billion
