CareCapital Acquires Neoss to Invest in Innovation

CareCapital and Neoss

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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