Dental industry news: Ivoclar Vivadent acquires Wieland Dental
Ivoclar Vivadent has announced the acquisition of Wieland Dental, with the acquisition completion scheduled for the fourth quarter of 2012. The transaction is still subject to approval by the German Federal Cartel Office. Ivoclar Vivadent will acquire the shares of BWK holding company and of the Wieland founding family. Wieland Dental, which employs 190 staff, achieved a sales volume of around 60 million euros in 2011.
All-ceramics is one of the core competences of Ivoclar Vivadent. 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. We are very pleased to have them join the Ivoclar Vivadent Group,” said Robert Ganley, CEO of Ivoclar Vivadent.
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Germany-based Wieland Dental is one of the leading suppliers in the dental technology market. With the 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.
According to Ivoclar Vivadent officials, the products of Wieland Dental will represent an important addition to the company’s product portfolio. Wieland Dental will continue operations under its existing name and management.
