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Slide #48. Henry Schein, Inc. — Five Companies From Arseus
Henry Schein, Inc. (NASDAQ:HSIC)
Five Companies From Arseus
Henry Schein, Inc. (NASDAQ: HSIC), the world's largest provider of healthcare products and services to office-based dental, animal health and medical practitioners, today announced the signing of an agreement that will further strengthen its European dental and technology businesses. Under the agreement, the Company will acquire 100 percent ownership of five businesses operating in three European countries from Arseus NV (EBR: RCUS). Together, the dental practice management software company and the dental and lab distribution companies represent annual sales of approximately $97 million (70 million). Henry Schein did not disclose financial terms of the transaction.
Schein (Henry) provides health care products and services to office-based dental and medical practitioners. The health care distribution segment distributes consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins. Co.'s technology group offerings include practice management software systems for dental and medical practitioners. Co.'s practice solutions include financial services on a non-recourse basis, e-services, practice technology, network and hardware services, and continuing education services for practitioners.
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Hold (2.43 out of 4)