Degussa Completes Sale of Dental Operations

04-Oct-2001
Following receipt of necessary competition clearance by the antitrust authorities, Degussa AG of Dusseldorf, Germany, has completed the sale of its Dental Group to Dentsply International Inc., of York, Pennsylvania, in a transaction valued at approximately EUR 576 million. Payment of the purchase price was effected today. Degussa had announced the sale of its Dental operations - one of the measures in its consistent focus on specialty chemicals - in late May. The Degussa Dental Group is the second largest dental company worldwide, and the market leader in Germany and Europe.

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