Danaher to Acquire Nobel Biocare

Posted on September 25, 2014

CHARLOTTE, N.C. — Danaher Corporation announced Monday that it has

entered into a definitive transaction agreement to acquire Nobel Biocare Holding AG, the world

leader in implant dentistry.

Over the past 40 years, Nobel Biocare has established itself as a

pioneer in nearly every aspect of implant dentistry — from PI Brânemark’s discovery of

osseointegration, to Procera digital prosthetic solutions and treating fully edentulous patients. In

doing so, Nobel Biocare has dramatically changed the lives of millions of patients. Implants and

prosthetics are one of the most exciting categories in dentistry today, offering a unique

opportunity for dental professionals to deliver long-term solutions to women and men who

desire a smile that is both beautiful and functional.

With the ways in which technology and

materials science continue to shape the implant dentistry workflow, bringing Nobel Biocare to

the dental platform upholds Danaher’s commitment to be a world leader in dentistry.

Nobel Biocare will be a cornerstone of the dental platform. With the addition of Nobel Biocare,

Danaher will be the strongest consumable and equipment player in the dental industry, with

sales approaching $3 billion. Dental implants is a $3.5 billion market with attractive long-term

growth drivers, including an aging population, growing income in high-growth markets and low

penetration rates of dental implants in most geographies today. With this acquisition, Danaher

will have an unmatched position in dental implants with Nobel Biocare in the premium segment

and the Implant Direct joint venture in the value segment; the company plans to further invest in

both these segments.

Nobel Biocare will operate as a stand-alone company within Danaher’s

dental platform, maintaining its own brand and identity. Implant Direct will remain as a standalone

joint venture with no change in its go to market strategy.

“We will continue to invest in a wide range of dental technologies and innovations to better

serve our customers. Bringing Nobel Biocare’s deep expertise in implant dentistry, digital

prosthetics and software solutions together with our extensive knowledge in 3D imaging,

intraoral scanning and digital restorative solutions will further enable us to optimize and

integrate workflows. This will lead to better clinical outcomes, shorter treatment times and fewer

office visits to the benefit of patients and dental practitioners,” said Henk van Duijnhoven,

Senior Vice President of Danaher’s dental platform. “This combination will further support our

business strategy and position our dental business for future growth.”

Danaher’s dental platform reaches 99% of all dental practices through an extensive network of

dealer partners as well as direct sales. It will continue its strategy of working closely with its

highly valued distribution partners as well as direct sales to maximize market access for all its


“Nobel Biocare’s leadership team has done an outstanding job creating a strong platform for

future growth over the last couple of years,” van Duijnhoven added. “Our team is excited to

work with CEO Richard Laube and the Nobel Biocare team to build on their efforts toward

continued innovation, growth and business improvement. We look forward to welcoming all

Nobel Biocare’s associates, customers and key opinion leaders to the Danaher team.”

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