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August 24, 2017

M&As this week: Straumann Holding, MiMedx Group

Straumann Holding AG plans to acquire the remaining 45% stake in Canadian dental CAD/CAM solutions provider Dental Wings Inc.

Straumann Holding AG plans to acquire the remaining 45% stake in Canadian dental CAD/CAM solutions provider Dental Wings Inc.

The Switzerland-based company also plans to acquire ClearCorrect LLC for $150m and a 38% stake in Geniova.

ClearCorrect is a US-based dental products provider, while Geniova is a Spanish dental company.

"The acquisitions will support Straumann’s global expansion plans."

The acquisitions will support Straumann’s global expansion plans.

US-based biopharmaceutical company MiMedx Group Inc plans to divest its subsidiary Stability Biologics LLC (formally known as Stability Inc) back to stockholders.

Stability Biologics is a developer of human tissue and bone products.

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