COLTENE Acquires Diatech LLC

Altstaetten, March 24, 2017 - COLTENE Holding AG (SIX Swiss Exchange: CLTN), an internationally leading developer and producer of dental consumables, announced today the acquisition of the business and the assets of Diatech LLC, domiciled in Mount Pleasant (South Carolina, USA). COLTENE will integrate the business into the newly established Diatech INC, a subsidiary of Coltene/Whaledent INC, Cuyahoga Falls (Ohio, USA). Diatech LLC is a tele sales and online vendor, specializing in diamond and carbide burs as well as orthodontic products. The new business will increase consolidated sales of the COLTENE Group by approximately CHF 1.5 million. Since 2012, Diatech LLC has been a subsidiary of Team Technologies, Inc., Morristown (Tennessee, USA). The parties have agreed not to disclose the acquisition price.

Back in 2001, COLTENE Group had acquired Diatech AG, the Swiss manufacturer of high quality diamond burs for dental treatment, including all rights for the DIATECH brand worldwide. Diatech LLC, managed by the former US business partner, was not part of this transaction. Since then, the two companies have continued their close collaboration in the areas of development, production and sales of diamond and carbide burs.

Analyzing today's market environment, the management teams of both COLTENE and Team Technologies have recognized that merging Diatech US with the COLTENE Group would create new and additional business opportunities. Marshall White, CEO of Team Technologies INC, stated: "As great partners for many years, COLTENE and Team Tech recently explored the best growth strategy for the Diatech US business here in the United States. After many discussions, we agreed the best path forward for future growth for the Diatech US business would be within the COLTENE family. We look forward to maintaining our strong partnership in the future as we will continue to support the Diatech US business with other dental supply products." COLTENE will continue the business operations of Diatech LLC in Mount Pleasant (South Carolina, USA) and retain all staff. Closing date of the transaction will be March 31, 2017. Martin Schaufelberger, CEO COLTENE Holding AG, comments: "The acquisition of Diatech LLC will simplify DIATECH's brand management and create new growth perspectives under the roof of COLTENE's broad and high-quality product portfolio, which is well anchored in dental consumable markets worldwide." The transaction therefore has to be viewed rather as completing the worldwide DIATECH brand ownership than in context with COLTENE's strategic growth initiatives.

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For further information: Michael Düringer, Corporate Communications/Investor Relations,

phone +41 43 244 81 42, mobile +41 79 653 19 75, e-mail michael.dueringer@coltene.com

About COLTENE

COLTENE is an internationally active developer, manufacturer and seller of dental consumables and small equipment in the areas of restoration, endodontics, prosthetics and treatment auxiliaries. COLTENE has state‐of‐the‐art production facilities in the US, Germany, Brazil and Switzerland as well as own distribution organizations in all major markets including China and India. Dentists and dental labs all around the globe trust the high‐quality COLTENE products. The registered shares of COLTENE Holding AG (CLTN) are listed on SIX Swiss Exchange. Learn more about COLTENE and our products at www.coltene.com

About Team Technologies
Team Technologies, Inc. boasts an extensive lineup of manufacturing processes and products to service the dental, medical, cosmetic, and industrial market segments. With an entrepreneurial mindset and a management team with deep industry experience, Team Technologies has experienced tremendous growth over the last 20 years. Modeling the company after its customers' needs, Team Tech emphasizes growth based on its customer growth and seeks to "over-service the customer." Team Technologies INC is based in Morristown, Tennessee USA. www.teamtechinc.net

This press release and oral statements or other written statements made, or to be made, by us contain forward-looking statements that do not relate solely to historical or current facts. These forward-looking statements are based on the current plans and expectations of our management and are subject to a number of uncertainties and risks that could significantly affect our current plans and expectations, as well as future results of operations and financial condition. We undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events or otherwise.


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