By Chris Wack
Envista Holdings Corp. mentioned it purchasing Carestream Dental’s Intra-Oral Scanner small business for $600 million.
The transaction is expected to shut in the 2nd quarter of 2022.
Envista said the acquisition is in line with its prolonged-time period strategy to aim on the fastest developing segments of the dental marketplace and to create differentiated options by way of the digitalization of dental workflows.
The transaction is matter to the fulfillment of specific customary closing situations, together with the receipt of relevant regulatory approvals. The transaction isn’t really topic to a funding affliction or shareholder vote.
Produce to Chris Wack at chris.wack@wsj.com