Henry Schein announced that it will acquire a 90% ownership interest in Dental Trey, a leading distributor of dental consumable merchandise and equipment in Italy.
The company expects the transaction to close during the fourth quarter of 2015.
"We have long been impressed with Dental Trey's excellent market reputation, broad product offering, and commitment to forging long-standing customer relationships," stated Stanley M. Bergman, chairman of the board and CEO of Henry Schein, in a press release. "Dental Trey also shares Henry Schein's commitment to dental education and has been a strong supporter of scientific associations working to enhance the dental profession."
Dental Trey was founded in 1981 and has headquarters, a distribution center, and showroom in Fiumana di Predappio (Forli), Italy. The company offers more than 33,000 branded products and a line of private-label products to dental practices across Italy and also a proprietary dental practice management software system.