Dental News - Sulzer acquires Geka, doubling size of mixing/applicator business unit

Sulzer acquires Geka, doubling size of mixing/applicator business unit

Dental Tribune USA

Thu. 1 September 2016

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On July 1, Sulzer signed a binding agreement to acquire Geka GmbH, headquartered in Bechhofen, Germany. With the transaction, Sulzer is doubling the size of Sulzer Mixpac Systems (SMS), its plastic injection molding business, which develops proprietary B2B mixing and applicator solutions for the dental and industrial adhesives markets. The enterprise value is USD $290.5 million.

Through the acquisition, SMS — a business unit of Sulzer’s Chemtech division — gains segment and geographical diversification. The two businesses share an industrial core, which is expected to support cost efficiencies. Complementary geographic manufacturing footprints are expected to enhance the combined entity’s ability to compete globally.

Additionally, Geka’s cosmetics-based product range appears to be well matched to SMS expertise in applying liquids in a controlled way onto small surfaces. SMS, in turn, is positioned to further Geka’s emerging B2B health-care focus.

Geka, with approximately 900 employees, has two manufacturing locations in Germany, one in the U.S. and one in Brazil. Sulzer will add all of Geka’s employees

The transaction is expected to close in the third quarter, subject to regulatory approval.

(Source: Sulzer)

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