Heraeus Kulzer has announced the completion of its takeover by Mitsui Chemicals, effective as of last month.
A deal to purchase the dental division of German-based precious metal and technology company Heraeus Holding was agreed by Mitsui in April 2013, with the new owner to absorb all 1,400-plus employees of Heraeus Kulzer spanning 20 global locations.
“Heraeus Kulzer has announced that the sale of the company to Mitsui Chemicals has been officially finalised.“
The existing management structure of the dental firm will also be maintained, with the Heraeus Kulzer brand name set to see continued usage following the acquisition.
Mitsui has a strong track record in research and development, meaning the takeover will allow Heraeus Kulzer to continue building on its outstanding reputation for innovative solutions for dental practices and laboratories.
Christopher Holden, president of Heraeus Kulzer in North America, said: "This relationship will enable us to not only maintain but expand our focus on delivering the best possible products and support services for the dental practice and laboratories we are proud to count as our customers."
Jan Rinnert of the Heraeus board of management stated in April that he expects the Mitsui takeover to be beneficial for Heraeus Kulzer.See all the latest jobs in Dental