Ivoclar Vivadent to Acquire Wieland Dental
Posted Nov 26, 2012 in Industry News
With the acquisition of Wieland Dental, Ivoclar Vivadent strengthens its position in the field of all-ceramics.
Ivoclar Vivadent, headquartered in Schaan, Liechtenstein, announced the acquisition of Wieland Dental today. The acquisition is planned to be completed in 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.
Ivoclar Vivadent is one of the leading dental enterprises in the world with a comprehensive range of products and systems for dentists and dental technicians. All-ceramics is one of the core competences of the company. With the takeover of Wieland Dental, the enterprise strengthens its position in the field of all-ceramic product systems. Robert Ganley, CEO of Ivoclar Vivadent, comments on the takeover:...