ROCHESTER, N.Y., USA: Carestream has announced that it will be selling its dental digital business to funds managed by Clayton, Dubilier & Rice, a global private equity firm, and CareCapital Advisors, a specialist investment platform focused on dental and consumer health in Asia. The new independent company will be named Carestream Dental. Subject to regulatory and other approvals, the sale is expected to close in the third quarter of 2017.
Carestream’s dental digital business provides imaging systems and practice management software for general and specialist dental practices globally. The company stated that it is committed to working with the two new partners to ensure a smooth transition for its dental digital employees and customers.
The agreement will allow Carestream to focus on its remaining businesses, including medical imaging equipment, health care IT solutions, medical and dental film, nondestructive testing film and imaging equipment, and precision films and contract coating services. These businesses have earned attractive market positions, generate strong earnings and cash flow, and will benefit from recent investments in innovative technologies and growth initiatives, the company said.
Dental radiographic film and anesthetics are not included in the agreement and will remain with Carestream.
With respect to France, where the opinion of the works council is mandatory for an acquisition of this kind, Carestream will not undertake a legal obligation to sell the business until consultation with the relevant works councils has been completed.
Additional terms of the transaction were not disclosed.
Tags:
WASHINGTON, U.S.: Danaher, a global science and technology conglomerate operating in the field of healthcare, among others, has announced its intention to ...
LONDON, UK: In 2018, GlaxoSmithKline (GSK), one of the world’s largest pharmaceutical companies, outlined its intention to separate its consumer ...
COLOGNE, Germany: At the 2023 International Dental Show (IDS), Carestream Dental is proud to accelerate the industry’s transition to digital dentistry by ...
BIRMINGHAM, UK: As a global oral health care technology provider with over 100 years of industry experience, Carestream Dental has witnessed massive change ...
DUBAI, UAE: At this year’s AEEDC Dubai, Carestream Dental has officially launched the CS 8200 3D Access, an advanced four-in-one CBCT system built on ...
BONN, Germany: The world’s largest manufacturer of dental products and technologies, Dentsply Sirona and SICAT, provider of software and hardware ...
Celebrated every year on 20 March, World Oral Health Day (WOHD) is the largest global awareness campaign on oral health. The WOHD task team oversees the ...
DAEGU, South Korea: Micro-NX is a South Korean company that specialises in manufacturing dental electric motors, including motors for implant surgery ...
TOKYO, Japan: PANAVIA SA Cement Universal adheres to virtually all substrates, including lithium disilicate, in a single procedure without the need for a ...
BOSTON, U.S.: As digital technologies become increasingly enmeshed in the everyday workflow of dental practices, dental educational syllabuses are changing ...
Live webinar
Tue. 7 May 2024
8:00 pm EST (New York)
Live webinar
Thu. 9 May 2024
8:00 pm EST (New York)
Live webinar
Mon. 13 May 2024
9:00 am EST (New York)
Live webinar
Mon. 13 May 2024
1:00 pm EST (New York)
Doc. MUDr. Eva Kovaľová PhD.
Live webinar
Wed. 15 May 2024
10:00 am EST (New York)
Prof. Dr. med dent. David Sonntag
Live webinar
Wed. 22 May 2024
12:00 pm EST (New York)
Dr. Nikolay Makarov DDS, MSC, PhD.
Live webinar
Thu. 23 May 2024
12:00 pm EST (New York)
Brazil / Brasil
Canada / Canada
Latin America / Latinoamérica
USA / USA
Austria / Österreich
Bosnia and Herzegovina / Босна и Херцеговина
Bulgaria / България
Croatia / Hrvatska
Czech Republic & Slovakia / Česká republika & Slovensko
France / France
Germany / Deutschland
Greece / ΕΛΛΑΔΑ
Italy / Italia
Netherlands / Nederland
Nordic / Nordic
Poland / Polska
Portugal / Portugal
Romania & Moldova / România & Moldova
Slovenia / Slovenija
Serbia & Montenegro / Србија и Црна Гора
Spain / España
Switzerland / Schweiz
Turkey / Türkiye
UK & Ireland / UK & Ireland
China / 中国
India / भारत गणराज्य
Japan / 日本
Pakistan / Pākistān
Vietnam / Việt Nam
ASEAN / ASEAN
Israel / מְדִינַת יִשְׂרָאֵל
Algeria, Morocco & Tunisia / الجزائر والمغرب وتونس
Middle East / Middle East
Dr. Bruno JhamRegister now1CELive webinar
Dr. Jeffrey RohdeRegister now1CELive webinar
Dr. Colin CampbellLive webinar
Dr. Nikolay Makarov DDS, MSC, PhD.:sharpen(level=0):output(format=png)/up/dt/2022/01/HASSBIO_Logo_horizontal.png "HASSBIO")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/HASS-Bio-announces-global-launch-of-Amber-Mill-H-block-and-disk.jpg "HASS Bio announces global launch of Amber Mill H block and disc")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/Integrating-clear-aligners-expands-the-possibilities-you-have-available-to-offer-your-patients.jpg "“Integrating clear aligners expands the possibilities you have available to offer your patients”")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/Ethical-communication-and-brand-building_Shutterstock_2207894123.jpg "Ethical communication and brand building")
:sharpen(level=0):output(format=webp)/up/dt/2024/04/Implant-placement-in-narrow-spaces%E2%80%94a-guided-approach_Shutterstock_1801190746.jpg "Implant placement in narrow spaces—a guided approach")
:sharpen(level=0):output(format=webp)/up/dt/2024/04/Over-1000-companies-register-for-IDS-2025.jpg "Over 1,000 companies confirm participation at IDS 2025")
:sharpen(level=0):output(format=webp)/up/dt/2022/01/HASSBIO_Logo_horizontal.png "HASSBIO"){kind=logo}
:sharpen(level=0):output(format=webp)/up/dt/2013/03/LM-Dental.png "LM Dental")
:sharpen(level=0):output(format=webp)/up/dt/2014/02/FKG.png "FKG Dentaire")
:sharpen(level=0):output(format=webp)/up/dt/2014/02/kuraray.png "Kuraray Noritake")
:sharpen(level=0):output(format=webp)/up/dt/2011/11/ITI-LOGO.png "ITI International Team for Implantology"){kind=logo}
:sharpen(level=0):output(format=webp)/up/dt/2014/02/A-dec.png "A-dec")
:sharpen(level=0):output(format=webp)/up/dt/2017/04/shutterstock_533579140.jpg "Carestream Dental to be established as independent company")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/HASS-Bio-announces-global-launch-of-Amber-Mill-H-block-and-disk.jpg "HASS Bio announces global launch of Amber Mill H block and disc")
:sharpen(level=0):output(format=webp)/up/dt/2017/06/Dental-Tribune-Icon.jpg "Dental Tribune International"){kind=icon}
:sharpen(level=0):output(format=webp)/up/dt/2018/08/Danaher-Casimiro-PT_Shutterstock-smaall.jpg "Danaher to spin off dental business into independent company")
:sharpen(level=0):output(format=webp)/up/dt/2022/03/shutterstock_1918997030.jpg "GlaxoSmithKline announces name of independent healthcare company")
:sharpen(level=0):output(format=webp)/up/dt/2023/03/carestream.jpg "Carestream Dental invites industry to connect to an open, smarter world at IDS")
:sharpen(level=0):output(format=webp)/up/dt/2018/05/Carestream-Dental-made-easier-for-you-1.jpg "Carestream demonstrates its commitment to excellence at British Dental Conference")
:sharpen(level=0):output(format=webp)/up/dt/2024/02/IMG_7500_Carestream.jpg "Carestream Dental launches latest addition to CS 8200 3D product line")
:sharpen(level=0):output(format=webp)/up/dt/2019/01/SICAT-now-independent-Dentsply-Sirona-transfers-shares-to-management.jpg "SICAT now independent: Dentsply Sirona transfers shares to management")
:sharpen(level=0):output(format=webp)/up/dt/2023/09/New-strategy-for-WOHD-to-be-revealed-at-World-Dental-Congress-.jpg "New strategy for WOHD to be revealed at World Dental Congress")
:sharpen(level=0):output(format=webp)/up/dt/2021/08/Dental-electric-motor-company-Micro-NX-to-launch-handpiece-line-up-at-IDS-2021.jpg "Dental electric motor company Micro-NX to launch handpiece line-up at IDS 2021")
:sharpen(level=0):output(format=webp)/up/dt/2023/08/PANAVIA-SA-Cement-Universal-named-as-top-product-by-DENTAL-ADVISOR.jpg "PANAVIA SA Cement Universal named as top product by DENTAL ADVISOR")
:sharpen(level=0):output(format=webp)/up/dt/2019/09/alon-mozes.jpg "Robotics company co-founder joins advisory board of dental school")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/HASS-Bio-announces-global-launch-of-Amber-Mill-H-block-and-disk.jpg "HASS Bio announces global launch of Amber Mill H block and disc")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/Integrating-clear-aligners-expands-the-possibilities-you-have-available-to-offer-your-patients.jpg "“Integrating clear aligners expands the possibilities you have available to offer your patients”")
:sharpen(level=0):output(format=webp)/up/dt/2024/05/Ethical-communication-and-brand-building_Shutterstock_2207894123.jpg "Ethical communication and brand building")
:sharpen(level=0):output(format=webp)/wp-content/themes/dt/images/3dprinting-banner.jpg "3D Printing Banner")
:sharpen(level=0):output(format=webp)/wp-content/themes/dt/images/aligners-banner.jpg "3D Printing Banner")
:sharpen(level=0):output(format=webp)/wp-content/themes/dt/images/covid-banner.jpg "3D Printing Banner")
:sharpen(level=0):output(format=webp)/wp-content/themes/dt/images/roots-banner-2024.jpg "3D Printing Banner")
To post a reply please login or register