Henry Schein Acquires Majority Interest in Distributor Serving Dentists in Cliniclands

Acquisition Establishes First Presence for Henry Schein Dental in Scandinavia
Posted: August 6, 2019 / Source: Henry Schein Press Release

Edited by Dentaltown staff

MELVILLE, N.Y.—Henry Schein has announced the acquisition of a majority equity stake in Cliniclands, a distributor serving dental practices throughout Sweden, Denmark and Norway. Based in Trelleborg, Sweden, Cliniclands represents the first presence of Henry Schein Dental in Scandinavia and offers a wide range of dental consumables, implants, prosthetic and orthodontic solutions as well as office equipment.

With the addition of Cliniclands, Henry Schein now has operations in 32 countries around the world. The three founders—Falk Andersson, chief executive officer, Niklas Schori, chief operating officer, and Daniel Skoglund, head of sales—will continue to lead the business and own the remaining equity stake in Cliniclands, which Henry Schein may acquire under various options after the next three and five years.

“Cliniclands is a rapidly growing, successful company built upon a valuable business model,” said Stanley M. Bergman, chairman of the board and chief executive officer of Henry Schein. “We are delighted to partner with the co-founders and the entire Cliniclands team. Our two companies have a shared commitment to the use of advanced technology to help our customers run successful, profitable businesses. We expect to achieve meaningful operating synergies and category expansion while expediting the delivery of products to Scandinavian dental customers.”

“We are especially excited to partner with Henry Schein and work together to bring new services and solutions to the Scandinavian dental community,” said Falk Andersson. “Our partnership with Henry Schein represents a new chapter for our customers, who will continue to receive the high quality service upon which they’ve come to rely, but with the added benefit of accessing a network of expert advisors with an in-depth knowledge of clinical businesses and a dedication of helping practitioners grow their dental practices.”
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