Stockholm, 2 February 2024 – Nuent Group AB (Nuent), a leading dental care supply group, today announces the acquisition of two dental care supply companies, Jarident (with its Slovenian branch Prima Dent) and Janouch Dental. With the acquisitions, Nuent expands its geographic footprint to include Slovakia, the Czech Republic and Slovenia, in addition to its home markets in the Nordics (served by Unident Group) and Benelux (served by American Dental Trading and Hofmeester) and its presence in a number of additional Western European markets. This marks a significant milestone in Nuent Group's growth and expansion strategy and further solidifies Nuent Group's commitment to drive improved oral health for all by delivering top-tier dental products and services to dental professionals across Europe.
Jarident and Janouch Dental will continue to serve their customers under their strong current leadership. Both businesses are known for their dedicated teams of professionals and attractive customer offerings and relationships. By joining forces with Nuent, Jarident and Janouch Dental will benefit from becoming part of a larger group. With the addition of Jarident and Janouch Dental, Nuent adds an Eastern and Central European platform to its base, poised for continued growth.
Adam Schatz, CEO of Nuent Group, expressed enthusiasm about the acquisition, stating, "Our strategy is to combine organic growth in our Commercial Platforms with acquisitions, which accelerate our journey to becoming the leading European dental care supply group. Jarident and Janouch Dental are strong players in their markets and a perfect fit for Nuent: This strategic move aligns seamlessly with our commitment to providing cutting-edge dental care solutions. By integrating the strengths of Jarident and Janouch Dental into the Nuent family, we are excellently positioned to enhance our capabilities and better serve the needs of dental professionals and patients alike."
Vladimír Jaroš, Executive Director of Jarident, and Antonín Sklář, Executive Director of Janouch Dental, also shared their thoughts on the acquisition.
Vladimir remarked, "Joining forces with Nuent is an exciting step for Jarident. We believe that this collaboration will enhance our customer offering, allow us to leverage synergies and continue delivering high-quality dental care products to our customers."
Antonín added, "We have a strong momentum and are now thrilled to continue our development as part of Nuent Group. Together, we will be an even stronger partner to our customers and, contribute to the advancement of dental care in the region and achieve even greater success. We look forward to bringing new innovations and solutions to our customers."
About Nuent Group
Nuent Group is a leading European provider of solutions to the dental industry, majority owned by Triton, a leading Private Equity firm. Nuent Group was founded in late 2022, when Unident Group (of the Nordics) joined forces with American Dental Trading and Hofmeester (both domiciled in the Netherlands and serving customers in Benelux and beyond). Although Nuent Group is relatively new, its operating platforms have been serving European dental professionals for decades with a leading customer offering comprising Consumables, Capital goods and related services, IT software and services and its own Lab Operations.
About Triton
Triton is an international investment company founded in 1997. The company’s objective is to enable the creation of better companies through long-term partnerships. Triton invests in medium-sized companies domiciled in Europe that are active in the industry, business services, and consumer and health sectors. Triton’s funds have around 100 investors, which include organizations such as pension funds, state-owned capital funds, insurance companies and foundations. In assessing investments and taking decisions, Triton takes into account the environment, social responsibility and ownership governance, which is favorable to long term value creation. Since its founding, Triton has completed more than 60 investments and supported more than 260 acquisitions. For further information: www.triton-partners.com
