Company Overview and History
- Dentsply Sirona is an American dental equipment manufacturer and dental consumables producer.
- It markets its products in over 120 countries and has factories in 21 countries.
- The company was formed in 2016 through a merger between Gendex Corporation and Dentsply International Inc.
- Dentsply Sirona designs and manufactures laboratory and specialty products for dental supplies.
- It specializes in anesthetics, plaque and gum disease prevention, and tooth polishers.
- Dentsply was founded in 1899 as Dentists Supply Company by four New York businessmen.
- The company made its first acquisition of a Pennsylvania porcelain teeth manufacturer.
- George H. Whiteley, a ceramicist, became the main operator of the company and introduced innovative processes to reduce tooth breakage.
- The company established a distribution partnership with E. de Trey & Sons, becoming its primary marketer in Europe and the US.
- Dentsply expanded its research and manufacturing centers abroad, setting up its first foreign subsidiary in Australia.
- In 2010, Dentsply's most important markets for sales were Europe & CIS, USA, Latin America, Asia, Canada, Japan, Middle East & Africa, and Australia.
- The company acquired Astra Tech, the world's third-largest dental implant maker, in 2011.
- Acquisitions in 2011 led to an increase in long-term debt and total assets.
- Markets outside the United States accounted for 67% of Dentsply's revenue in 2013.
- In 2016, Dentsply merged with Sirona Dental Systems in a $14.5 billion merger of equals.
- In August 2022, Simon D. Campion was appointed as the President and CEO of Dentsply Sirona.
- Dentsply Sirona announced the relocation of its headquarters to Charlotte, North Carolina, and a CFO transition plan.
Key Achievements and Recognition
- In 2018, Dentsply Sirona was awarded the Top Employer certification by a Netherlands-based certification company.
- The company joined forces with the American Association for Dental Research (AADR) in 2019 to co-sponsor the Student Competition for Advancing Dental Research and its Application (SCADA).
- Forbes ranked Dentsply Sirona as America's Best Midsize Employers in 2019.
- The company holds a leading market share in the dental restorative sector, with revenue of $4.0 billion.
- Dentsply Sirona has been cited as a key player in the future intra-oral flat panel sensor market.
Financial Performance
- Dentsply Sirona reported its financial results for the fourth quarter and fiscal year 2011.
- The company completed the acquisition of Astra Tech in August 2011.
- In 2010, Dentsply Sirona announced its financial results, which were positive.
- Dentsply Sirona completed the purchase of Varian.
- The company's 2012 annual filing provided insights into its financial performance.
Mergers and Acquisitions
- Dentsply and Gendex merged in a $590 million deal.
- Dentsply International completed the acquisition of Astra Tech.
- The company bought Astra Tech for $1.8 billion.
- Dentsply Sirona completed the purchase of Varian.
- The merger of Dentsply International and Sirona Dental Systems formed Dentsply Sirona.
Recent Developments
- Dentsply Sirona was reported to have fired CEO Donald Casey and CFO Jorge Gomez in May 2022, and both are under investigation for securities fraud.
- In September 2022, Simon Campion was announced as the full-time CEO, replacing Don Casey.
- The company continued to do business in Russia amidst the Ukraine crisis, as reported in June 2023.
This article's lead section may be too long. (March 2022) |
Dentsply Sirona is an American dental equipment manufacturer and dental consumables producer that markets its products in over 120 countries. It has factories in 21 countries. The present company is largely the result of a merger in 1993 in which Gendex Corporation acquired Dentsply International Inc. for $590 million.
 | |
| Formerly | Dentsply International Inc. (1969–2016) |
|---|---|
| Type | Public |
| Industry | Dental equipment |
| Founded | New York City (2016) |
| Headquarters | , U.S. |
Key people | Simon D. Campion (CEO) |
| Revenue |  US$4.03 billion(2019) |
Number of employees | 16,000 (2017) |
| Website | dentsplysirona |
As an equipment maker, it designs and manufactures laboratory and specialty products relating to dental supplies. With regards to consumable products, it specializes in anesthetics, plaque and gum disease prevention (prophylaxis) and tooth polishers. It also designs and constructs artificial teeth. It has also been cited as a key player in the future-intra oral flat panel sensor market. Because of the income disparity between wealthy and developing nations, the variety of products in demand differs from region to region (and thus subsidiary to subsidiary since many of them are regional).
On August 28, 2022, Dentsply Sirona announced the appointment of Simon D. Campion, formerly Executive Vice President and President of the Interventional segment for BD, as President and Chief Executive Officer and a member of the board. In 2018 a Netherlands-based certification company awarded Dentsply the “Top Employer” certification.
In 2019 the company joined forces with the American Association for Dental Research (AADR) to co-sponsor the Student Competition for Advancing Dental Research and its Application (SCADA). The SCADA aims to bolster students research.
The company was ranked #56 by Forbes as America's Best Midsize Employers 2019.
