Henry Schein Completes Joint Venture With Casa Schmidt

Joint venture will offer an expanded array of products and services to customers in Spain and Portugal
Posted: January 20, 2021
Edited by Dentaltown staff

MELVILLE, N.Y.—Henry Schein and Casa Schmidt, a comprehensive provider of dental solutions for dental professionals in Spain and Portugal, announced the completion of a joint venture to advance their mutual goal of helping health care professionals operate more efficient practices by providing new solutions and technologies for the ultimate benefit of patients. The transaction was announced on March 10, 2020, and approved on June 30, 2020, by Spain’s National Commission of Markets and Competition.

Henry Schein Completes Joint Venture With Casa Schmidt

The joint venture will operate in Spain and Portugal under the Henry Schein name. The company will include Henry Schein’s comprehensive portfolio of business, clinical, technology and supply chain solutions. It will also include all of Casa Schmidt’s lines of business including Schmidt Dental Solutions, a full service distributor of dental products and services to dental offices, laboratories, universities, and hospitals in Spain and Portugal; Servimed, which provides technical support to dental practitioners and dental specialists including surgeons and orthodontists; and Importación Dental Especialidades, a supplier of specialized implantology and orthodontics products and services.

In addition, the joint venture will be complemented by Henry Schein One’s practice management and patient communication software, as well as the comprehensive implant systems, digital workflows and regenerative solutions offered by CAMLOG and BioHorizons, the foremost brands of Henry Schein’s Global Dental Surgical Group.

Henry Schein will have majority ownership of the joint venture, with senior management from Henry Schein and Casa Schmidt serving on the management team. Henry Schein’s Juan M. Molina will serve as the managing director of the joint venture.

“We are very pleased to complete our partnership with Casa Schmidt, a company that shares our commitment to excellent service and providing customers with the solutions they need to provide quality care to their patients," said Stanley M. Bergman, chairman of the board and chief executive officer of Henry Schein. “With nearly 200 years of combined experience serving dental professionals, we believe we have the solutions and value-added services to strategically position our business for continued success in the Iberian market.”

Casa Schmidt was founded in 1919 by Georg Schmidt and began operating as Schmidt Dental Solutions in 2019. The company has grown into a full-service dental distributor that today offers more than 55,000 consumable merchandise and dental products, including multiple product exclusives, and had more than €35 million in sales in 2019. Headquartered in Madrid, Casa Schmidt has nearly 240 employees and 19 locations.

"Together we can offer 360º service to dental professionals, combining the best of both companies, including a comprehensive offering of solutions, a heritage of growth and innovation, and a commitment to creating an exceptional customer experience for dental professionals,” said Federico Schmidt Reparaz, chief executive officer of Schmidt Dental Solutions.
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