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New Deal


Announced

Completed

Planmeca completed the acquisition of the KaVo Treatment Unit and Instrument business of Envista for $455m.

Financials

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Transaction Value£328m
Consideration TypeCash, Contingent Deferred Consideration
Capital Owned-
Capital Bid For100%
EV/Sales1.4x
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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United States

dental treatment units

Single Bidder

Friendly

Acquisition

Majority

Cross Border

Medical Equipment

Private

Completed

Synopsis

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Planmeca, a Finnish manufacturer of high-tech dental equipment, completed the acquisition of the KaVo Treatment Unit and Instrument business of Envista, a global family of more than 30 trusted dental brands, for $455m. "Envista is focused on its strategic priorities to build and optimize a more consumables and digitally enabled, workflow-oriented portfolio. This sale will better position Envista to invest organically and inorganically and expand our product offerings within these areas," Amir Aghdaei, Envista CEO.

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