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It’s Official - Dentsply Sirona Has Been Born!

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It’s official - Dentsply Sirona has been born! DENTSPLY International and Sirona Dental Systems officially completed their merger on February 29th. According to their press release, Dentsply Sirona is now the world’s largest manufacturer of dental products and technologies.

With over 100 years of experience collectively, Dentsply Sirona will combine DENTSPLY’s consumables platform with Sirona’s technology and equipment. The new company says they will offer more products and integrated solutions than any other dental organization and are calling themselves a ‘total solution provider’.

From the press release:

Dentsply Sirona will have leading positions and some of the most well-established brands across consumables, equipment, technology, and specialty products to address the needs of dental professionals, specialists and dental labs. Customer service and satisfaction will remain a key value to the new company and will be supported by the industry’s largest sales and service infrastructure comprised of direct sales and leading distributors.

Jeffrey T. Slovin, Chief Executive Officer of Dentsply Sirona comments: “With our merger complete, Dentsply Sirona can now focus its efforts on empowering dental professionals to provide better, safer and faster dental care. As The Dental Solutions Company, we will drive long-term growth by being uniquely positioned to deliver innovative solutions and support our customers with the broadest product portfolio and the largest sales and service infrastructure in the industry. Dentsply Sirona will continue to be at the forefront of the digitization of dentistry, single visit dentistry and improving clinical outcomes for patients around the world.”

Shares of Sirona will be halted from trading prior to the open of the NASDAQ stock market and will cease trading effective at the close of business today. Under the terms of the merger agreement, Sirona shareholders are entitled to receive 1.8142 shares of Dentsply Sirona for each existing Sirona share.

Photo: Jeffrey T. Slovin, Chief Executive Officer (left) and Bret Wise, Executive Chairman (right) of Dentsply Sirona 

Are you attending the big event? Register now for SIROWORLD’s annual celebration from Aug. 11-13, 2016 in Orlando, FL.

 

 

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