Straumann Takes Stake in MegaGen, Invests in Asian Implant Market

 Straumann Takes Stake in MegaGen, Invests in Asian Implant Market

In a move aimed at strengthening the company’s position in the Asian/Pacific market, Straumann has invested in MegaGen, a Korean dental implant manufacturer.

The investment is in the form of a 30 million bond purchase with option to convert the bonds into MegaGen shares and even to purchase the company outright in 2016, according to a press release. The money from this investment will be used to expand the company’s business in Asian and promote its digital dental platform around the globe. The company is aiming to be a leader in the value implant segment.

MegaGen will continue to operate as an independent company and brand in the same way Straumann has continued to operate other investments such as Neodent and Dental Wings.

Read Full Press Release

Source: Straumann

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