Industry Merger Creates One Of The Ten Largest Global Dental
SciCan, a Toronto based manufacturer of infection control products and solutions
with subsidiaries in Canonsburg PA, Augsburg Germany and Zug Switzerland has
merged with dental manufacturer SycoTec (previously, EWL, a subsidiary of the
KAVO Group located in Leutkirch Germany) and French endodontic specialist
MICRO-MEGA (Besançon). SciCan, the worlds largest producer of table top
autoclaves will be part of this strong company alliance under the leadership of
SycoTec’s Managing Partner Dr. Martin Rickert. Together the group will be one of
the ten largest dental equipment manufacturers in the world of innovative products for
the dental and medical markets. “We can now offer clinical instruments, drives and
infection control solutions, all from one source”, Dr. Martin Rickert is pleased to
announce. The three companies are being integrated under one common umbrella, but
will remain independent. It is not a buy-out; hence no purchasing price was paid.
Merger related downsizing is not intended.
SciCan and its brands will remain in their present form. SciCan’s Chairman Arthur Zwingenberger
will serve as Chairman of the new group.
“While SycoTec concentrates mainly on drives, and specialized motors, MICROMEGA
manufactures top quality root canal instruments and hand pieces which are
commonly used in every dental office. SciCan complements this range of products
with critical procedures before and after treatment: namely infection control practices
which include washing, disinfection and sterilization. “It becomes more and more
important”, says Rickert, “bacteria has to be removed from all the instruments that
were used, for the doctor to safely work with them again. The legal guidelines in this
regard are getting more stringent.” SciCan comes at the right time: The Canadians
produce a full range of infection control products – on the one hand autoclaves
(sterilizing units), and on the other, state of the art cleaning and disinfection
technologies which are sold in both dental and medical markets. The consumable
products for infection control complete the range.
The distribution networks of all three companies will be
selling the products of the entire group. Further opportunities for SycoTec
and MICRO-MEGA will result in North America based on SciCan’s market
presence and SciCan will be able to establish itself even better in Europe
based on the strengths of Syco-Tec and Micro Mega. Together it will also be
possible to strengthen the group’s presence in Asia.
The merger will lead to a group of approx. 800
employees and will be one of the world’s ten largest suppliers of dental equipment.
Initial reactions from the industry are positive according to Dr. Martin Rickert. The head
of the company, who is also the Chairman of the Association of the German Dental
Industry is looking forward to the future. “We are now on all accounts well established
for the future and are standing on solid ground.”
The merger will become legally effective within the next few months.