Dentsply provides update on QAHR and Triodent takeovers

Dentsply has provided an update on two of its latest business acquisitions, announcing the completion of one and the initiation of another.

The company has finalised the purchase of QAHR, a direct dental selling organisation with headquarters in Hong Kong and operations in mainland China. Dentsply has been working with this business in the dental implants field since 2000.

Meanwhile, a separate deal has been agreed to purchase certain assets of Triodent, a New Zealand-based manufacturer of a line of professional dental consumables used in restorative dentistry. It is known primarily for its innovative and successful sectional matrix system.

A statement from Dentsply said: "These two acquisitions represent aggregate annual revenue of approximately $30 million (18.28 million pounds), of which approximately half would be incremental to Dentsply given the prior commercial relationship that existed with both companies."

This comes after the firm recently announced its financial results for the third quarter of 2013, during it generated $704 million in sales – up by 1.2 percent year on year.