DENTSPLY International Inc. acquires DW Industries.YORK, Pa.--(BUSINESS WIRE)--Jan. 16, 1997--DENTSPLY International Inc. (Nasdaq-XRAY) Thursday announced it has completed the acquisition of DW Industries Inc., in a cash transaction valued at approximately $17 million. The acquisition of this business is expected to add approximately $7 million to DENTSPLY's annual sales. Headquartered in Las Vegas Las Vegas (läs vā`gəs), city (1990 pop. 258,295), seat of Clark co., S Nev.; inc. 1911. It is the largest city in Nevada and the center of one of the fastest-growing urban areas in the United States. , DW Industries is the leading manufacturer of disposable air-water syringe tips. Marketed under the brand name Sani-Tip(R), the system replaces the common metal tip found on tri-syringes delivering water, air or a combination air/water spray during clinical dental office procedures. Sani-Tip inexpensively satisfies the growing demand for disposable items of dental equipment resulting from the increased concern and public awareness of contagious diseases contagious diseases: see communicable diseases. and possible sources of cross-contamination. Commenting on the transaction, John C. Miles II, vice chairman and chief executive officer of DENTSPLY, said, "The acquisition of DW Industries complements our company's product offerings in the fast growing preventive and infection control consumable A material that is used up and needs continuous replenishment, such as paper and toner. "The low-tech end of the high-tech field!" areas. "Additionally, we look forward to exploiting the largely untapped international opportunities which exist for this product line. DW Industries is an important addition to our strategy to seek out opportunities worldwide in the area of disposable dental products." Dr. David R. Wasserman, president of DW Industries, said, "We are very pleased to be joining the DENTSPLY organization and taking advantage of the many strengths they will bring to expanding this business." DENTSPLY designs, develops, manufactures and markets a broad range of products for the dental market. The company believes that it is the world's leading manufacturer and distributor of artificial teeth, endodontic Endodontic Pertaining to the inside structures of the tooth, including the dental pulp and tooth root, and the periapical tissue surrounding the root. Mentioned in: Root Canal Treatment endodontic instruments and materials, impression materials, prophylaxis prophylaxis (prō'fĭlăk`sĭs), measures designed to prevent the occurrence of disease or its dissemination. Some examples of prophylaxis are immunization against serious diseases such as smallpox or diphtheria; quarantine to confine paste, dental sealants, ultrasonic scalers, and crown and bridge materials; the leading United States United States, officially United States of America, republic (2005 est. pop. 295,734,000), 3,539,227 sq mi (9,166,598 sq km), North America. The United States is the world's third largest country in population and the fourth largest country in area. manufacturer and distributor of dental x-ray equipment, dental handpieces, dental x-ray film Noun 1. X-ray film - photographic film used to make X-ray pictures bitewing - a dental X-ray film that can be held in place by the teeth during radiography holders and film mounts; and a leading United States distributor of dental cutting instruments and dental implants. The company distributes its dental products in over 100 countries under some of the most well-established brand names in the industry. DENTSPLY is committed to the development of innovative, high quality, cost-effective new products for the dental market. CONTACT: DENTSPLY International Inc., York Edward D. Yates, Sr. VP and CFO See Chief Financial Officer. , 717/849-4243 |
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