BWK has sold Wieland Dental to Ivoclar Vivadent
Owner BWK and Wieland founding family have sold 100% of the shares in Wieland Dental + Technik and Wieland Dental Ceramics to Ivoclar Vivadent for an undisclosed amount.
Wieland Dental, headquartered in Pforzheim, Germany, is one of the leading suppliers in the dental technology market. Wieland Dental offers a wide array of products ranging from CAD/CAM materials to dental alloys and veneering ceramics up to electroforming products. The company also provides individual milling services. Wieland Dental employs a staff of over 190 and generated approx. Euro 60 million in revenues in the fiscal year 2011.
Matthias Heining, Managing Director at BWK, comments: “as specialist with focus on mid-cap investments, BWK has closely accompanied the restructuring process of Wieland Dental. With focus on innovative production and premium ceramic solutions in the dental sector the Company is excellently positioned for further growth. Wieland will profit from the great expertise and international experience of Ivoclar Vivadent.”
Robert Ganley, CEO of Ivoclar Vivadent, comments on the takeover: “Wieland Dental is a leading European manufacturer in the field of dental products with market leading brands and a strong sales team. We are very pleased to have them join the Ivoclar Vivadent Group.”
Ivoclar Vivadent is one of the leading dental enterprises in the world with a comprehensive range of products and systems for dentists and dental technicians. All-ceramics is one of the core competences of the company. With the takeover of Wieland Dental, the enterprise strengthens its position in the field of all-ceramic product systems.
Lincoln International was mandated by BWK as exclusive financial advisor for the sale of the Wieland Dental.
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