BAWAG Group acquired two companies from dental sector.

Austrian bank BAWAG Group has agreed to make two acquisitions of German and Swiss companies specializing in the dental sector. Financial terms were not disclosed. BAWAG said it had signed an agreement to buy Health AG, based in Hamburg, and Switzerland’s Zahnaerztekasse AG, adding that both offer dental financing products and services. "We’ve signed our second German bolt-on acquisition in 2018 as well as paved the path to expand our footprint into Switzerland. The acquisitions of Health AG and Zahnarztekasse AG from EOS create an opportunity for BAWAG Group to enter the factoring space, a niche business segment, as well as drive new strategic partnerships. I’m excited to welcome our new colleagues into the team and look forward to working together." Anas Abuzaakouk, BAWAG Group, CEO.