ORANGE, CA and LAS VEGAS, NV – November 19, 2010 – Sybron Dental Specialties, Inc. and Implant Direct International, Inc. announced today that they have entered into a definitive purchase agreement pursuant to which Sybron Dental and Implant Direct will combine their implant and abutment businesses into a single operation to be named Implant Direct Sybron Int’l. The combined business will be led by Dr. Gerald Niznick, president and founder of Implant Direct®.
Dan Even, President of Sybron Dental Specialties stated, “Implant Direct has created a unique value proposition in the implant industry by being able to offer high quality, innovative dental implant products at compelling prices through its state-of-the-art manufacturing facility in Los Angeles, California. Under Dr. Niznick’s continued leadership, this acquisition in combination with Sybron Implant Solutions and Attachments International strengthens Sybron’s position in the implant industry.”
Dr. Niznick added, “I am very excited about being a part of the Sybron team. Sybron has a long history of providing quality service and innovative products to the dental professional community. By combining our exceptional manufacturing and product development capabilities we will broaden the opportunities for dentists and patients around the world to enjoy the benefits of high quality, cost effective dental implant products.”
The acquisition of a majority interest of Implant Direct is subject to the receipt of regulatory approvals and is expected to be completed during the fourth quarter of calendar 2010.
About Sybron Dental Specialties, Inc.
Sybron Dental Specialties, Inc., is a leading manufacturer of both a broad range of value-added products for the dental profession, including the specialty markets of orthodontics, endodontics and implantology, and a variety of infection prevention products for use by the dental and medical professions. Sybron’s implant businesses include both Attachments International and Sybron Implant Solutions.
About Implant Direct International, Inc.
Implant Direct International, Inc., is a global corporation headquartered in Las Vegas, Nevada with manufacturing facilities in Los Angeles and sales/distribution offices in Canada, Switzerland, Germany, Italy, Israel, with a network of distributors in 35 other countries. Implant Direct was founded in 2004 by Dr. Gerald Niznick and offers a broad line of patented implant products, many with cross compatibility to those sold by other major implant companies. Implant Direct’s products are sold in an innovative all-in-1 package for unprecedented simplicity and economy.
