Henry Schein Expands Dental Laboratory Distribution Business with Acquisition of Lincoln Dental Supply
Posted Feb 04, 2014 in Industry News
Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of health care products and services to office-based dental, animal health and medical practitioners, today announced the acquisition of substantially all assets of Lincoln Dental Supply from Keystone Industries, a worldwide leader and privately held group of dental, medical and veterinary manufacturing and distribution subsidiaries. Lincoln Dental Supply will become part of Zahn Dental, Henry Schein's dental laboratory distribution business. Zahn is the leading distributor to dental laboratories in North America.
Founded in 1909 and headquartered in Cherry Hill, N.J., Lincoln Dental Supply offers a wide range of dental products and equipment to dental laboratories within the United States and Canada. The company distributes branded products as well as Keystone's private-label line. In 2013, Lincoln Dental Supply had sales of approximately $18 million. Financial terms of the transaction were...