Mitsui Chemicals Purchases Share of DENTCA, Inc.
Mitsui Chemicals, Inc., to further expand its dental material business, acquired 50.01% of issued and outstanding shares of DENTCA, Inc. on June 20, 2013. DENTCA, with its head office in the United States, develops, manufactures, and distributes dentures using computer-aided design (CAD), computer aided manufacturing (CAM) technology, and proprietary 3-Dimensional modeling and printing technology.
"Mitsui Chemicals, in line with one of its strategies in the FY2011 Mid-term Business Plan, has expanded its portfolio in businesses resilient to changing economic conditions such as healthcare," stated Minoru Koshibe, Mitsui Chemicals Executive Vice President. "As part of this strategy, Mitsui Chemicals targets active expansion including M&As, such as this April's acquisition of the dental materials business of German Heraeus Holdings GmbH, which has a global manufacturing and sales network."
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