Brocair Advises COLTENE in Acquisition of KENDA

NEW YORK, NY – January 30, 2018 – Brocair Partners, a mergers & acquisitions advisor serving the healthcare industry, advised COLTENE, a SIX Swiss Exchange-listed developer, manufacturer and seller of dental consumables and small equipment in the areas of restoration, endodontics, prosthetics and treatment auxiliaries, on its acquisition of KENDA AG.

KENDA was established in Liechtenstein in 1977 and is a specialized, internationally active manufacturer of silicone polishing instruments for dentistry applications. KENDA manufactures high-precision rotating polishing instruments for dentistry and dental laboratory applications. Its polishers are available as autoclavable versions for multi-patient use and as single-patient polishers for one-time use.

The transaction size was not disclosed.

KENDA’s business will be integrated into COLTENE’s Rotary Instruments product group, expanding the current offering of diamond and carbide burs. COLTENE is enhancing this product group’s portfolio offering, technology know-how and sales flows through this acquisition.

Brocair has an extensive track record advising companies in the dental industry, including completed projects in dental prosthetics, implantology technology, and dental instruments, and is a frequent visitor to major dental trade shows and conferences.

Gregg Blake, Managing Partner of Brocair, explained, “We introduced KENDA to COLTENE, and there was immediate personal chemistry between the leadership of both companies, whose headquarters were only a short distance apart, in eastern Switzerland and Liechtenstein. This acquisition is an outstanding fit from a corporate culture perspective, as well as a smart business combination. This acquisition will complement COLTENE’s global Rotary Instruments business. Combining KENDA’s dental polisher business with COLTENE’s international marketing and sales infrastructure will create opportunities to grow their businesses together in markets around the world.”