Swiss Firm to Purchase Core Vent/Paragon Implant
- Share via
Sulzer Medica of Winterthur, Switzerland, Europe’s No. 1 orthopedic products maker, agreed to buy Core Vent Corp./Paragon Implant Co. of Encino for $100 million to double its worldwide market share in dental implants.
Core Vent/Paragon has 250 employees and annual sales of $30 million, Sulzer Medica said in a faxed statement. The acquisition will make it one of the top three makers of dental implants worldwide.
Sulzer Medica plans to merge Core Vent with its dental implant unit, Sulzer Calcitek, to form Sulzer Dental. It expects to receive regulatory approval for the purchase by the end of the year.
Inside the business of entertainment
The Wide Shot brings you news, analysis and insights on everything from streaming wars to production — and what it all means for the future.
You may occasionally receive promotional content from the Los Angeles Times.
