Henry Schein has acquired three companies, two in the dental space, as part of its 2012-2014 strategic expansion plan.
The three acquisitions -- Ortho Technology, Accord, and Modern Laboratory Services -- represent annual sales of approximately $61 million, according to the company.
Ortho Technology is a Tampa, FL-based distributor of orthodontics products that had $24 million in sales in 2011. The company will be operated as a standalone business.
Henry Schein has taken a 75% ownership of Bangkok-based Accord, a full-service dental dealer that will serve as an anchor for further expansion into Southeast Asia and represents an incremental $150 million market opportunity, according to Schein. Accord had $15 million in sales in 2011.
California-based MLS sells products and services for physician office laboratories, such as laboratory equipment and supplies; the company reported $22 million in sales in 2011.
