Dentsply Completes Degussa Dental Acquisition
October 17, 2001
Dentsply International Inc. and Degussa Dental, a unit of Degussa AG, recently announced the completion of the acquisition of Degussa Dental by Dentsply. Dentsply has acquired the worldwide Degussa Dental business in a cash transaction valued at approximately Euros 576 million (approximately U.S. $530 million). The total value of the acquisition, including anticipated fourth quarter restructuring costs and other costs associated with the acquisition, is approximately $555 million. The transaction combines Dentsply International, the world's largest manufacturer of professional dental products, with Degussa Dental, the second- largest dental company worldwide and the market leader in Germany and Europe, and the only significant non-domestic dental company in the Japanese market.
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