COLTENE concludes its acquisition of KENDA

Altstaetten, Wednesday, January 24, 2018 - COLTENE Holding AG (SIX Swiss Exchange: CLTN), an internationally leading developer and producer of dental consumables, has successfully completed its acquisition of KENDA. Consolidation of Kenda's activities by COLTENE Group will be retroactive to January 1, 2018.

The acquisition announced on December 19, 2017 was approved by all relevant authorities. As a result of the acquisition, COLTENE Group's consolidated sales will increase by approximately CHF 4.0 million from 2018 on. Vaduz-based KENDA was established in Liechtenstein in 1977 and is a specialized, internationally active manufacturer of diamond and silicon polishing instruments for dentistry applications. COLTENE is enhancing its competencies in the Rotary Instrument's product group through this acquisition and strengthening the product group's portfolio, technical know-how and sales flows.

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For further information: Martin Schaufelberger, CEO of COLTENE Holding AG Telephone +41 71 757 53 60, Mobile +41 79 300 96 20, E-Mail martin.schaufelberger@coltene.com


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