NSK, the world's largest manufacturer of rotary instruments for the dental profession, has acquired DCI International, the second-largest dental chair manufacturer in the US. The acquisition, which was announced on August 21, 2023, is expected to close on August 31, 2023.
The acquisition will give NSK a stronger foothold in the US dental market, which is the largest in the world. DCI is a leading manufacturer of dental chairs, dental units, and dental parts. The company has a strong reputation for quality and innovation, and its products are used by dentists in over 100 countries.
NSK and DCI are both family-owned businesses with a long history of commitment to excellence. The two companies share a common vision of providing dentists with the best possible products and services.
The acquisition is expected to create synergies between the two companies. NSK will be able to leverage DCI's expertise in dental chairs and dental units to expand its product offerings. DCI, on the other hand, will benefit from NSK's global reach and financial resources.
The acquisition is also expected to benefit dentists. The combined company will be able to offer a wider range of products and services, which will give dentists more choices and help them improve the quality of care they provide to their patients.
In a statement, Eiichi Nakanishi, Group CEO of NSK, said, "The acquisition of DCI is a strategic move that will strengthen our position in the US dental market. DCI is a leading manufacturer of dental chairs and dental units, and its products are highly respected by dentists around the world. We are confident that this acquisition will help us to better serve our customers and partners in the US."
John Spencer, CEO of DCI, said, "We are excited to join forces with NSK. This partnership will allow us to accelerate our growth and innovation, and bring even more value to our customers. We believe that together, we can create a brighter future for the dental industry."
The acquisition of DCI by NSK is a significant development in the dental industry. It is a sign of the growing consolidation in the industry, as larger companies look to acquire smaller, more nimble competitors. The acquisition is also a testament to the strength of the US dental market, which is the largest in the world.
You can also read about this by heading over to my favorite dental publication Dental Products Report.
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