As of July 1, 2013 Japanese firm Mitsui Chemicals, Inc. (MCI) has officially completed the acquisition of Heraeus Kulzer GmbH, the dental division of German-based precious metal and technology company Heraeus Holding. MCI and Heraeus Holding announced the planned takeover of Heraeus Kulzer on April 4, 2013.
MCI will absorb all 1,400-plus employees in 20 global locations and maintain the existing management structure of the Hanau, Germany-based dental company, which will continue to do business under the name Heraeus Kulzer. This strategic acquisition will allow MCI to significantly expand its international activities in the dental sector. By working closely with Mitsui, which has an extensive track record in research and development, Heraeus Kulzer aims to build on its outstanding reputation for innovative solutions for dental practices and laboratories.
“We could not be more excited about becoming an important part of Mitsui Chemicals,” said Christopher Holden, president of Heraeus Kulzer North America. “This relationship will enable us to not only maintain, but expand our focus on delivering the best possible products and support services for the dental practice and laboratories we are proud to count as our customers.”
About Heraeus Kulzer
Heraeus Kulzer GmbH is one of the world’s leading dental companies and is headquartered in Hanau, Germany. Its Dental Materials and Digital Services divisions supply dentists and dental technicians with an extensive product range, covering cosmetic dentistry, tooth preservation, prosthetics, periodontology and digital dentistry. With around 1,400 employees, Heraeus Kulzer’s 2012 sales revenues exceeded $450 million (exchange rate applied: $1.00 = €0.77).
Heraeus Kulzer has been part of the Japanese Mitsui Chemicals Group since July 2013. Mitsui Chemicals Inc. (MCI) is based in Tokyo, and has 13,000 employees in over 90 countries worldwide. Its innovative, practical chemical products are as much in demand in the automotive, electronics and packaging industries as they are in other fields such as environmental protection and healthcare.