Straumann Group acquires Same Day Solutions (SDS), a dental distribution company in Portugal
Straumann gains access to SDS’ customers, who will benefit from the Group’s broad portfolio
SDS’ team of 20 employees to join Straumann adding sales power and support to the Group’s operations in Portugal
- Straumann Group sees plenty of potential for growth in Portuguese market
Basel, 19 December 2017: The Straumann Group announced today that it has signed an agreement to acquire Same Day Solutions (SDS), a dental distribution company based in Lisbon that markets and sells competitor dental implants, biomaterials and whitening products in Portugal. SDS is also the local distributor for milling machines made by Straumann’s partner Amann Girrbach.
The acquisition provides Straumann access to SDS’ customers, who will benefit from a broader product portfolio. In addition, the SDS team of 20 will add sales power and support to the Group’s operations in Portugal. Having been present there since 1999, the Straumann Group has built an important market position through both its Straumann and Neodent brands.
With a broader footprint and a stronger local presence in the dental implant market in Portugal, the Group will be able to unlock growth potential with SDS and to create opportunities for its digital and orthodontics businesses.
The transaction is expected to be completed by the end of March 2018. Financial details were not disclosed.
About Same Day Solutions
Founded in 2004 and headquartered in Lisbon, Portugal, SDS is a privately-held family company with a team of 20 employees serving large and small dental clinics and laboratories across the country.
With its values of excellence, innovation and quality, SDS has built a strong reputation and has delivered profitable growth since its creation. It serves a solid, active customer base and has established an important postion in the value segment of the Portuguese dental implant market.
The Straumann Group (SIX: STMN) is a global leader in tooth replacement and orthodontic solutions that restore smiles and confidence. It unites global and international brands that stand for excellence, innovation and quality in replacement, corrective and digital dentistry, including Straumann, Instradent, Neodent, Medentika, etkon, ClearCorrect, Dental Wings, and other fully/partly owned companies and partners.
In collaboration with leading clinics, institutes and universities, the Group researches, develops, manufactures and supplies dental implants, instruments, CADCAM prosthetics, biomaterials and digital solutions for use in tooth replacement and restoration or to prevent tooth loss.
Headquartered in Basel, Switzerland, the Group currently employs approx. 4800 people worldwide and its products, solutions and services are available in more than 100 countries through a broad network of distribution subsidiaries and partners.