November 22, 2010
by Sybron Dental Speciaties, Inc. & Implant Direct International, Inc. - ORANGE, CA and LAS VEGAS, NV
Sybron Dental Specialties, Inc. and Implant Direct International, Inc. announced today that they have entered into a definitive purchase agreement pursuant to which Sybron Dental and Implant Direct will combine their implant and abutment businesses into a single operation to be named Implant Direct Sybron Int’l. The combined business will be led by Dr. Gerald Niznick, president and founder of Implant Direct®.
Dan Even, President of Sybron Dental Specialties stated, “Implant Direct has created a unique value proposition in the implant industry by being able to offer high quality, innovative dental implant products at compelling prices through its state-of-the-art manufacturing facility in Los Angeles, California. Under Dr. Niznick’s continued leadership, this acquisition in combination with Sybron Implant Solutions and Attachments International strengthens Sybron’s position in the implant industry.”
Dr. Niznick added, “I am very excited about being a part of the Sybron team. Sybron has a long history of providing quality service and innovative products to the dental professional community. By combining our exceptional manufacturing and product development capabilities we will broaden the opportunities for dentists and patients around the world to enjoy the benefits of high quality, cost effective dental implant products.”
The acquisition of a majority interest of Implant Direct is subject to the receipt of regulatory approvals and is expected to be completed during the fourth quarter of calendar 2010.