Capvis acquires majority of leading full-service provider in digital dental prosthetics Amann Girrbach
Capvis becomes the new majority owner of Amann Girrbach, one of the world'sleading companies in the field of digital dentistry. As one of the pioneers in the dental CAD/CAM sector, the group has grown significantly over the last decade and aims to further strengthen its position as industry and technology leader globally.
Koblach (Austria)and Baar (Switzerland), 11.04.2018. The fund Capvis Equity V LP, advised by Swiss based Capvis Equity Partners AG (together „Capvis“), acquires the majority of Amann Girrbach from TA Associates. The company offers fully integrated equipment solutions and consumables for the fabrication of high-precision dental restorations such as crowns, veneers, bridges and full-denture systems. The broad product range covers the full dentistry value chain and includes computer-aided design and computer-aided manufacturing (CAD/CAM)systems such as scanners, mills and software as well as consumables and classic dental products for laboratories and dental offices.
The company’s headquarters, R&D and production facilities are located in and around Koblach, Austria. The company employs around 400 people and operates globally covering more than 90 countries with sales offices and training centers in Germany, the US, Brazil, China, Singapore, Japan and the Lebanon.
Eric Trüeb, Partner at Capvis, said: “Amann Girrbach has been at the forefront of the industry’s technological transformation by offering affordable full CAD/CAM systems thus enabling all size of laboratories to offer in-house digital solutions for the creation of dental restorations. The company operates in growing markets driven by favourable trends. Together with the experienced management team, we aim to continue to drive the company’s global growth and build on the strong track record of innovations.”
Peter Nicklin, chairman of the supervisory board of Amann Girrbach, said: “Since the formation of the company, we have continuously proven our innovation potential and successfully established Amann Girrbach as the undisputed leader in digital lab dentistry. In 2017, we launched the most complete zirconia consumables portfolio in the industry which will further boost our company’s growth. We highly appreciate Capvis’ international network and leadership skills which will support our ongoing strategic development.“
The parties agreed not to disclose the financial details of the transaction. The closing of the transaction is subject to customary regulatory approvals and is expected to take place in the next two to three months.
About Amann Girrbach
As a pioneer in dental CAD/CAM technology Amann Girrbach is one of the leading innovators and preferred full-service providers in digital dental prosthetics. With its high degree of expertise in development and commitment to customer orientation, the ambitious
company from Vorarlberg, Austria, creates sophisticated system solutions for tomorrow's practice routine.
Maximum customer satisfaction and a constantly increasing number of partners in over 90 countries worldwide speaks for itself. Amann Girrbach has long since proved itself in the global dental sector as a guarantee for the highest quality innovative material, excellent quality products and sophisticated system solutions.
Innovation in all product ranges but still affordable for everyone, even small laboratories; that is the maxim of Amann Girrbach. The future of dental technology is without doubt, digital. The satisfaction of future patients lies with Amann Girrbach and means the highest precision, impeccable functionality, immaculate aesthetics and comprehensive protection.
Capvis is one of the leading private equity firms in Europe. Capvis focuses on majority holdings in leading mid-sized companies. It aims to support management teams in unleashing entrepreneurial potential and achieving new levels of excellence. Since 1990 Capvis has completed 54 transactions with a total volume of more than EUR 5 billion. Capvis has floated ten companies on stock exchanges and has repeatedly been voted Switzerland's and also Germany's best private equity firm by the international financial press.