Unident Group (“Unident”), a Triton TSM I portfolio company and leading Nordic innovator within dental equipment, consumables, and provider of lab services, announces the formation of a new European leader, by joining forces with companies ADT and Hofmeester. The new group will be operated under the control of a joint holding company and the transaction is still subject to customary regulatory approvals.
The future group consisting of Unident (Sweden), ADT and Hofmeester (both Netherlands) will have an annual turnover of more than EUR 160 million with operations in nine countries serving more than 20,000 clinics. Thegroup companies will keep their individual brand names.
Aside from a significant overall increase in geographical footprint, the formation of the new group will drive synergies within product categories and new offerings, as well as providing a platform for further expansion throughout Europe.
“With today´s announcement, we are establishing a new European company within dental distribution and servicesthat will become a growth platform by entering new markets, developing new product categories and adjacent services. Each of Unident, ADT and Hofmeester brings something to the table and the new group´s path is underpinned by strong synergies and scalable offerings, as well as continued M&A supported by Triton” says Martin Forss, Chairman of the Board of Directors of Unident.
“The new group that Unident will be part of provides us tremendous opportunities to serve current and attract newcustomers in an even more comprehensive way. Our strategy “We’ll back you up!” will be further strengthened thanks to the collaboration within the....READ MORE
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