CareCapital Acquires Neoss to Invest in Innovation
PR87378
HONG KONG, HARROGATE, England, GOTHENBURG, Sweden, Dec. 23, 2020 /PRNewswire=KYODO JBN/ --
Dr. Robert Gottlander Appointed President and CEO of Neoss
CareCapital Advisors Limited ("CareCapital"), an equity investor focused on the
dental and oral care industry, today announced an agreement to acquire Neoss
Limited ("Neoss"). CareCapital is one of the largest dental investors in the
world, having invested more than US$1 billion in the sector, and provides a
patient and collaborative environment for dental entrepreneurs and talented
executives to realize their customer-centric visions. Neoss is a leading
global dental implant company committed to designing intelligently simple
solutions that provide reliable and cost-effective patient care with excellent
long-term results. The Neoss brand is synonymous with innovation and quality,
which has underpinned Neoss' market leading performance in 2020 despite the
coronavirus pandemic.
In conjunction with the transaction, Dr. Robert Gottlander has been appointed
President and Chief Executive Officer of Neoss. With over forty years of
dental industry experience, Gottlander has a proven track record developing and
commercializing dental solutions.
Neoss Acquisition
Neoss has developed a range of market-leading dental solutions and
"intelligently simple" procedures designed to deliver better patient care and
shorter procedure times that enhance practice productivity. With a rich
portfolio of intellectual property and long-term clinical data, Neoss' peer-reviewed
and published clinical support validates the efficacy of its solutions.
Dai Feng, Co-Founder and Managing Director of CareCapital, stated, "We are
excited to welcome Neoss and Robert into our family. Both are dental
trailblazers that, coupled, will elevate the Neoss customer experience and
advance the Neoss mission. The company's well–established brand, history of
innovation, clinical validation and solid market position fit well with
Robert's customer-centric principles and passion for innovation."
Michael J. Dormer, Chairman and CEO of Neoss, stated, "Reflecting on a
wonderful journey over the past 20 years in which Neoss has built a formidable
position in the dental marketplace, it is with great pride that our management
team, staff and partners will be central to the next stage of progression under
new ownership."
Robert Gottlander Appointed Chief Executive Officer
After graduating from the University of Gothenburg School of Dentistry,
Gottlander joined Nobel Biocare, where he held several senior executive
leadership roles. Throughout his 27-year tenure, he led the team that
established clinical and educational concepts for modern dental implantology,
co-developed and launched Procera, the world's first successful CADCAM system,
and developed new concepts combining implants and digital dentistry.
Gottlander then joined Henry Schein, Inc., where, as Chief Marketing Officer of
Global Dental, he led the global initiative as strategic planner for prosthetic
and implant solutions, guiding product offerings worldwide and creating
commercial sales and marketing strategies. Gottlander went on to serve the
dental industry on a consulting basis. Throughout his career, Gottlander has
created numerous industry-university partnerships, architecting research
projects and educational programs to improve dental implant and digital
technology innovation.
After two decades of service, Dormer will retire, in line with his
long-standing personal intentions. Dormer will remain with the company in an
advisory role to ensure a smooth transition.
"I am thrilled to be joining the Neoss team," asserted Dr. Gottlander.
"Building on its esteemed heritage in Gothenburg, the birthplace of modern
dental implants, Neoss shares my aspiration to pioneer dental innovation that
improves patient care. I applaud the team at Neoss and Mr. Dormer for his
leadership, who, together, have created a prominent global brand. I am looking
forward to partnering with CareCapital to expand on that legacy and accelerate
the long-term growth of the business through astute customer service and
intelligently simple innovation."
"I am excited to collaborate with CareCapital and Robert to further advance
Neoss' technology," added Fredrik Engman, Co-Founder and Chief Technology
Officer of Neoss. "The support and dental knowhow that this transaction
brings, will benefit our staff to enable better service for the needs of
doctors and patients."
ABOUT CARECAPITAL ADVISORS LIMITED
A long-term investor focused on the global dental and oral care industry,
CareCapital is committed to providing a patient and collaborative environment
for dental entrepreneurs and talented executives to realize their customer-centric
visions. CareCapital invests heavily in technologies, training, brands and enterprises
that span the entire dental industry. CareCapital's dental business portfolio
encompasses dental education, digital orthodontics, imaging, implants, biologics,
ceramics, distribution, software, DSOs and research hospitals.
ABOUT NEOSS
Founded in 2000, Neoss offers intelligent dental solutions that are intuitively
simple to use. The company's products are designed to allow dental
professionals to provide reliable and cost-effective treatments to their
patients with excellent long-term results. Leading with ingenuity and
integrity, Neoss develops smart treatment solutions and works closely with each
practice to drive Intelligent Simplicity, making the complex less complicated.
Headquartered in Harrogate, UK, with research and development based in
Gothenburg, Sweden, the company has established a global footprint with
longstanding presence in key markets.
Neoss was advised by BDA Partners, Eversheds Sutherland and PwC, CareCapital
was advised by Ernst & Young and White & Case LLP, on the transaction.
Logo - https://mma.prnewswire.com/media/1389401/Neoss_Logo.jpg
Contact:
Neoss
Ruth Ramser
Chief Operating Officer
ruth.ramser@neoss.com
+44 7969 917915
CareCapital
Ted Xie
Investment Director
ted@carecapitalpartners.com
+86 138 1038 8877
Joyce Xu
Senior Public Relations Manager
joyce@carecapitalpartners.com
+86 133 9116 0872
Source: CareCapital and Neoss
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