Henry Schein Inc, Melville, NY, has acquired Ortho Technology Inc, Tampa, Fla. Ortho Technology was founded in 1991, has approximately 90 team members, and posted 2011 sales of approximately $24 million. Ortho Technology offers a complete line of orthodontic supplies, including brackets, bands, buccal tubes, archwires, adhesives, laboratory supplies, and patient accessories. The company serves more than 10,000 customers worldwide via direct sales from the US and distributors across the globe.
In December 2008, Henry Schein acquired Ortho Organizers, and Stanley M. Bergman, chairman and chief executive officer of Henry Schein (pictured), said, "We envision multiple synergies between these two organizations, including leveraging Ortho Organizers’ manufacturing of certain key products and Ortho Technology’s aesthetic brackets and its best-in-class direct marketing expertise."
Henry Schein plans to operate Ortho Technology as a stand-alone business and to promote the company as part of the Henry Schein portfolio of orthodontic companies. Ortho Technology President Brian Leaghty will serve as a consultant for a year to ensure a smooth transition.
Leaghty said, "Orthodontics is an exciting dental specialty characterized by product innovation and growing global demand. As part of Henry Schein, Ortho Technology has considerably enhanced business prospects and an opportunity to solidify market share gains into the future."
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