VILLA SISTEMI MEDICALI has entered into an exclusive negotiation to sell the Dental Division of company
VILLA SISTEMI MEDICALI Group ("VSM") an Italian worldwide provider of medical and dental imaging solutions has announced that it has entered into an exclusive negotiation with ACTEON Group to divest its Dental Division.
ACTEON Group is a French MedTech company specializing in high-tech dental and medical devices based in Merignac.
The VSM Dental Division, based in Milan, designs, manufactures and markets digital imaging equipment such as PAN (panoramic X-Ray device) and CBCT (3D scanner), under the VILLA SISTEMI MEDICALI and OWANDY brands, and generates a global annual turnover of nearly €20 million.
With this transaction VSM will focus on its medical imaging business. The financial resources made available by this transaction will allow the development of important projects that will support the growth of VSM.
Marie-Laure Pochon, CEO of ACTEON Group, said: « This operation allows us to unveil at the IDS Show currently being held in Cologne our new range of digital imaging devices which will be launched in May 2019, as well as the new Premium version of our CUBE product, thus enabling dentists to perform all types of surgery with quick, efficient and minimally invasive procedures. »
Emilio Bruschi, President of VILLA SISTEMI MEDICALI Group, said: « Thanks to the work of all the people of VSM and OWANDY, the Dental Division has become a strong reality in the world. We are proud to be chosen by ACTEON Group as a partner to make their growth momentum even more significant. The resources generated by this transaction will allow VILLA SISTEMI MEDICALI to further invest in opportunities for growth in the medical imaging business. »
About VILLA SISTEMI MEDICALI Group:
VILLA SISTEMI MEDICALI Group is an Italian worldwide provider of medical and dental imaging solutions.
VSM employs 160 people. Through its subsidiaries OWANDY and VILLA RADIOLOGY SYSTEMS Inc. , the group can count on three representatives offices based in Paris, Madrid and Middlebury (CT) – U.S.A.
VSM is manufacturing in its production site based in Buccinasco (MI) – Italy.
VSM is present in more than 100 countries through a valuable network of Distributors.
About ACTEON:
ACTEON is a French MedTech company specializing in high-tech dental and medical devices. Based in Merignac, the Group has become a leading global player thanks to its cutting-edge innovative technology.
ACTEON employs 720 people, almost half of whom are outside France. They are spread across 4 manufacturing plants, 13 branches and 16 representative offices established in the main global markets.
The Group has a well-established and rigorous quality policy focused on customer satisfaction and innovation, in strict compliance with the applicable international regulations and standards.
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