MELVILLE, N.Y.,Dec. 8, 2016/PRNewswire/ — Henry Schein, Inc.(Nasdaq: HSIC), the world’s largest provider of health care products and services to office-based dental, animal health and medical practitioners, today announced the completion of an 80 percent equity investment in Marrodent, one of Poland’s largest full-service dental distributors with 2015 sales of approximately $32 million. This transaction was announced on August 30, 2016.
Henry Schein has served animal health customers in Poland since 2014, and Marrodent marks the Company’s entry into Poland’s dental market.
“Our partnership comes at a time of growing demand for dental services in Poland, and with the completion of our strategic investment in Marrodent, we see a significant opportunity to help dental practitioners provide high-quality care as part of operating efficient and successful practices,” said Stanley M. Bergman, Chairman of the Board and Chief Executive Officer of Henry Schein. “We at Henry Schein welcome our new Marrodent colleagues and we look forward to bringing new products, services, and solutions to Poland’s dental community.”
Founded in 1990 by brothers Roman and Marek Stekla, and with headquarters in Bielsko-Biala and a facility in Warsaw, Marrodent distributes dental consumables and equipment, as well as dental laboratory supplies and equipment. With nearly 60 sales representatives and a call center, Marrodent serves approximately 10,000 office-based dental practitioners across Poland. Roman and Marek Steklaown the remaining 20 percent of Marrodent, and along with Managing DirectorArtur Podolski, have joined Henry Schein.
“We are very pleased to complete our partnership with Henry Schein, a company that shares our commitment to excellent service and providing our customers with the tools they need to provide quality care to their patients,” saidRoman Stekla.
“This investment marks a new chapter for our customers, who will continue to receive the high-quality service upon which they’ve come to rely, but with the added benefit of being able to access a range of new products and services available through Henry Schein,” said Marek Stekla.
Henry Schein, Inc.has operations in 33 countries and with the addition of Marrodent, Henry Schein’s dental business now operates in 27 countries. In 2015, Henry Schein reported global Dental sales of $5.3 billion.