Planmeca Oy announces intended acquisition of KaVo Treatment Unit & Instrument business
Finnish company Planmeca Oy has announced its intention to acquire the treatment unit and instrument business of KaVo Dental Corporation. The transaction is expected to significantly expand Planmeca's product portfolio.
Helsinki – Planmeca Oy, a manufacturer of dental equipment and software, has announced its intention to acquire the treatment unit and instrument business from KaVo Dental Corporation. The company stated that the transaction is expected to strengthen Planmeca's position in the global market.
The acquisition specifically targets treatment units and dental instruments, which are core products in dental practices. Financial terms of the deal have not been disclosed, and the transaction is subject to regulatory approvals.
Planmeca produces a wide range of dental care equipment, including dental imaging devices, digital radiography systems, and software solutions. KaVo, part of Envista Holdings Corporation, is recognized for its treatment units and dental instruments.
The companies aim to integrate KaVo's products into Planmeca's existing offerings. This move is anticipated to enhance customer offerings and create new growth opportunities for both entities.