Henry Schein has acquired a majority ownership of Dental Cremer, a Brazilian dental supplies and equipment distributor.
Dental Cremer headquarters is in Blumenau, Brazil. The company had sales of approximately $70 million in 2015 and serves around 60,000 dental practitioners with 530 team members. The transaction is expected to close in the first half of 2016.
"As Brazil's dental market grows, Henry Schein and Dental Cremer share a commitment to helping practitioners in Brazil operate successful practices and provide quality care to patients," stated Stanley Bergman, Henry Schein's CEO and chairman of the board, in a press release.
