Henry Schein Inc, Melville, NY, has completed a 50% equity investment in One Piece Corp, a subsidiary of J. Morita Corp, a manufacturer and distributor of dental equipment and supplies. The transaction was announced on March 23, 2016.
The partnership builds on Henry Schein’s presence in Japan, which began about 2 years ago with an investment in Iwase Dental Supply Inc, a provider of dental consumables, implants, and equipment. According to the company, the investment in One Piece is designed to strengthen Henry Schein’s position in the Asian dental products markets, which the company entered 7 years ago with strategic partnerships in Hong Kong and later Thailand and China.
Kenichiro Iwase will assume leadership of Henry Schein Japan.