COLTENE to acquire dental companies SciCan and MicroMega

COLTENE Holding AG (SIX Swiss Exchange: CLTN), an internationally leading developer and producer of dental equipment and materials, announced on June 26, 2018 that it has signed an agreement to acquire the two companies, SciCan (cleaning and sterilization equipment) and MicroMega (endodontic files), with strong positions in the dental market. The transaction will strengthen COLTENE's market reach and product range, create synergy potential and enhance its offering in infection control and endodontics. COLTENE intends financing the transaction with equity (around three quarters) and with borrowed capital (around one quarter).

Lenz & Staehelin is advising COLTENE in this transaction. The Lenz & Staehelin team includes Stephan Erni (Partner, Corporate & M&A), Patrick Schleiffer (Partner, Capital Markets), Marcel Tranchet (Partner, Banking & Finance), Eric Olivier Meier (Corporate & M&A), Patrick Schärli (Capital Markets), Ramona von Riedmatten (Capital Markets), Pascal Genoud (Banking & Finance), Charlotte Rüegg (Banking & Finance) and Patrick Sattler (Competition).