Zurich, 6th October 2017
Colosseum Dental Group ("Colosseum"), a company owned by Jacobs Holding AG, is pleased to announce to have reached an agreement with a group of investors led by CapMan, a Nordic private equity fund manager to acquire 100% of Oral, the leading provider of dental care in Finland. The parties have agreed not to disclose any details of the transaction.
Patrick De Maeseneire, Chairman of Colosseum Dental Group and CEO of Jacobs Holding, stated: “With the acquisition of Oral, we have reached another milestone on our journey to become the leading European dentistry group. Colosseum now operates 216 clinics with 900 dentists across Finland, Norway, Sweden, Denmark, the UK, Switzerland, and Italy with sales of around EUR 350 million. We remain fully committed to further expand the company, both organically as well as through further acquisitions.”
Oral is headquartered in Helsinki and currently operates 63 clinics in 40 cities with sales close to EUR 100 million. The company provides a wide range of oral health care services, including esthetic dental treatments as well as the most advanced surgical dentistry.
The transaction is expected to close in November 2017.