• Straumann Group increases its stake in Dental Wings Inc., a leading developer and supplier of CADCAM software and scanner technology, from 55% to 100%.
• CEO Mike Rynerson returns to Straumann as head of the new Digital Business Unit.
Montreal, Canada, August 17, 2017 – The shareholders of Dental Wings Inc. (Montreal, Canada) have signed an agreement to sell their remaining shares in the company to Straumann Holding AG (Basel, Switzerland). As a result, Dental Wings will become a fully-owned Straumann Group company.
Dental Wings products and services will be sold under the Dental Wings, Straumann, and other brands – as they are today – by Straumann and the Dental Wings network of distribution partners around the world.
“Our long-term partnership with Straumann has been exceptional on every level and we are both proud and pleased to become part of the Straumann Group. The energy and passion for digital dentistry has never been stronger at Straumann, so the future is very bright for Dental Wings,” said Dental Wings’ Founder, Naoum Araj.
Dental Wings will be a core component in the new Digital Business Unit that Straumann is establishing under the leadership of Michael Rynerson, who is transitioning from his role as CEO of Dental Wings. This will be one of the most dynamic digital dental teams worldwide, incorporating all aspects of the business: software, scanners, information systems, milling equipment, materials, design services, and production centers active on a global scale. The team will be more than 500 people strong with a unique combination of skills and assets. Customers can expect even more amazing products and services for years to come from Dental Wings and the Straumann Group.
About Dental Wings
Dental Wings Inc. is a leading provider of digital dentistry technologies. Its solutions cover the full digital workflow – from treatment-planning to final restoration including dental scanning, implant planning, prosthesis design, manufacturing, and communication among dental professionals.
Founded in 2007, Dental Wings is headquartered in Montreal and has offices in Berlin, Chemnitz (D), Lyon (F), and Shenzhen (CN), with a staff of over 160. Its products are distributed by leading dental companies in over 50 countries around the world. Its vision is to create the largest global network of digitally-enabled dental professionals, and equip them with diagnostic, design, and manufacturing tools that increase the efficacy, quality, and profitability of the services they provide to patients.
The Straumann Group (SIX: STMN) is a global leader in tooth replacement and orthodontic solutions that restore smiles and confidence. It unites global and international brands that stand for excellence, innovation and quality in replacement, corrective and digital dentistry, including Straumann, Instradent, Neodent, Medentika, etkon, Dental Wings, and other fully/partly owned companies and partners.
In collaboration with leading clinics, institutes and universities, the Group researches, develops, manufactures and supplies dental implants, instruments, CADCAM prosthetics, biomaterials and digital solutions for use in tooth replacement and restoration or to prevent tooth loss.
Headquartered in Basel, Switzerland, the Group currently employs more than 4200 people worldwide and its products, solutions and services are available in more than 100 countries through a broad network of distribution subsidiaries and partners. (www.straumann.com)
For more information:
Gloria Frascarella, Head of Communications
+514 807.8485 ext. 1245