M&A Deal Summary

Henry Schein Acquires The Demedis/EDH Group

On January 8, 2004, Henry Schein acquired distribution company The Demedis/EDH Group from Permira for 255M EUR

Acquisition Highlights
  • This is Henry Schein’s 1st transaction in the Distribution sector.
  • This is Henry Schein’s 2nd largest (disclosed) transaction.
  • This is Henry Schein’s 1st transaction in Germany.

M&A Deal Summary

Date 2004-01-08
Target The Demedis/EDH Group
Sector Distribution
Buyer(s) Henry Schein
Sellers(s) Permira
Deal Type Add-on Acquisition
Deal Value 255M EUR

Target

The Demedis/EDH Group

Germany
The Demedis/EDH Group comprises of,Demedis GmbH, a full-service distributor of dental consumables and equipment in Germany,Euro Dental Holding GmbH,KRUGG S.p.A., Italy's distributor of dental consumable products, which will provide Henry Schein entree into Europe's dental market, and further its pan-European strategy; and,DentalMV GmbH,one of Europe's direct marketing distributors of dental consumable products.

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Buyer(S) 1

Buyer

Henry Schein

Melville, New York, United States

website


Category Company
Founded 1932
Sector Distribution
Employees22,000
Revenue 12.6B USD (2022)
DESCRIPTION
Henry Schein office in Eagan, Minnesota.
Henry Schein office in Eagan, Minnesota.

Henry Schein is a distributor of health care products and services to office-based dental, animal health and medical practitioners. The Company also serves dental laboratories, government and institutional health care clinics, and other alternate care sites. Henry Schein was founded in 1932 and is based in Melville, New York.


DEAL STATS #
Overall 1 of 75
Sector (Distribution) 1 of 36
Type (Add-on Acquisition) 1 of 56
Country (Germany) 1 of 5
Year (2004) 1 of 3
Size (of disclosed) 2 of 5
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-11-18 Barton-Cyker Dental Supply

Windsor, Connecticut, United States

Barton-Cyker Dental Supply, Inc., a privately-owned, full-service distributor of dental products serving practitioners primarily in the Northeast region of the United States.

Buy -

Seller(S) 1

SELLER

Permira

London, United Kingdom

Investor Investor Investor Investor Investor

website


Category Private Equity Firm
Founded 1985
PE ASSETS 75.0B EUR
Size Mega
Type Sector Agnostic
DESCRIPTION

Permira is a mega-sized private equity firm that targets large company investments around the world. Permira invests to support acquisitions, leveraged buyouts, take-privates, turnarounds, and growth buyouts. Areas of interest include healthcare, financial services, chemicals, consumer products and services, industrial products and services, technology, media, and telecom. Permira will consider opportunities in Europe, Asia, and North America. Permira was formed in 1985 and has offices in Menlo Park, Frankfurt, Luxembourg, London, Hong Kong, Madrid, Milan, Paris, Stockholm, Tokyo, Guernsey and New York City.


DEAL STATS #
Overall 14 of 89
Sector (Distribution) 2 of 3
Type (Add-on Acquisition) 3 of 30
Country (Germany) 4 of 16
Year (2004) 1 of 2
Size (of disclosed) 35 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2003-12-01 Inmarsat

London, United Kingdom

Inmarsat is a global mobile satellite communications provider that owns and operates a diverse global portfolio of mobile telecommunications satellite networks, and holds a multi-layered, global spectrum portfolio, covering L-band, Ka-band, and S-band, enabling unparalleled breadth and diversity in the solutions it provides. Inmarsat's long-established global distribution network includes not only the world's leading channel partners but also its own strong direct retail capabilities, enabling end-to-end customer service assurance. The company has an unrivalled track record of operating reliable global mobile satellite telecommunications networks, sustaining business and mission critical safety and operational applications for more than 40 years. It is also a major driving force behind technological innovation in mobile satellite communications, sustaining its leadership through a substantial investment and a powerful network of technology and manufacturing partners. Inmarsat was formed in 1979 and is based in London.

Buy €1.7B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2004-02-12 Marazzi Group

Modena, Italy

Marazzi Group is a designer, manufacturing and distribution of ceramic tiles. Marazzi is a technological provider in the tiles sector and has a strong track record in design and innovation.

Buy -