Dentsply
 |
|
| Public | |
| Traded as |
NASDAQ: XRAY NASDAQ-100 Component S&P 500 Component |
| Industry | Dental equipment |
| Founded | New York City (1899) |
| Founder | Dr. Jacob F. Frantz George H. Whiteley Dean C. Osborne and John R. Sheppard |
| Headquarters | York, Pennsylvania, United States |
|
Key people
|
Bret W. Wise Executive Chairman Jeffrey Slovin CEO |
| Products | Anaesthetics Prosthetics |
| Revenue | $3745.30 mil (2016) |
| $429.90 mil (2016) | |
| Total assets | $11.656 mil (2016) |
| Total equity | $8126 mil (2016) |
|
Number of employees
|
15,700 (December 2016) |
| Divisions | 51 |
| Website | www |
Dentsply Sirona is an American dental equipment maker and dental consumables producer that markets its products in over 120 countries (factories in 21 countries). It is a leader in consumable dental products.
As an equipment maker it designs and manufactures laboratory and specialty products relating to dental supplies. With regards to consumable products it specializes in anesthetics, plaque and gum disease prevention (prophylaxis) and tooth polishers; It also designs and constructs artificial teeth. Because of the income disparity between wealthy and developing nations the variety of products in demand differs from region to region (and thus subsidiary to subsidiary since many of them are regional). In 2010 the most important markets for sales were Europe & CIS (40%), USA (37%), Latin America (5%), Asia (excl CIS and Japan, 5%), Canada (4%), Japan (4%), Middle East & Africa (3%) and Australia (2%). The largest market that Dentsply holds a leading market share in is the dental restorative sector ($4.0 billion according to the company).
Markets outside the United States are becoming increasingly important: they accounted for 67% of Dentsply revenue in 2013 steady with 2012 but up from 66% and 63% the previous two years. For 2012 acquisitions contributed all of the growth in sales (16.2%, currency effects were -3.8%). 2012 sales growth by region: Europe 27.5% (vs 17.9% in 2011), USA 13.8% (vs 4.9%), elsewhere 15.9% (vs 9.4%). 88% of net sales were in dental products, 12% from consumable medical device products (casting industry).
On February 29, 2016 Dentsply combined with Long Island-based Sirona Dental Systems in a $14.5 billion merger of equals. While both supply dental products, Sirona's business centers on dental equipment in contrast with Dentsply's consumables.
The company which made use of the Dentsply name goes back to an artificial teeth and dental consumable products manufacturer and distributor founded by 4 New York businessmen in 1899. However, the present company is largely the result of a merger in 1993 in which Gendex Corporation acquired Dentsply International Inc. for $590 million. Gendex's dental x-ray equipment business which complemented Dentsply's was founded in 1983.
Dentsply was originally incorporated in 1899 as Dentists' Supply Company about the same time it made its first acquisition, a Pennsylvania porcelain teeth manufacturer. One of the 4 founders, George H. Whiteley became the main operator of the company as a result of his experience as a ceramicist. Whiteley's contributions to the company were invaluable as he was responsible for many innovations such as a patented process involving platinum rings that reduced tooth breakage. Other innovations (credited to doctors like James Williams who were hired by the company for research purposes) included better fitting dentures, tooth size for people of different face shapes and age specific colored teeth.
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Wikipedia