Medicom expands dental market presence in Europe
by CM Staff
Joachim Siegler, currently Loser & Co GmbH Managing Director, will manage the entire Medicom dental business in Europe as Managing Director.
MONTREAL — The Medicom Group, a manufacturer of surgical and respiratory masks and other infection control products, announced on Jan. 18 the acquisition of European dental distributor Loser & Co GmbH. Loser & Co is a distributor of dental products from leading brands throughout Europe.
“This strategic acquisition allows Medicom to expand and solidify our position in Europe. We are excited that the team at Loser & Co will help significantly enhance our presence in the European dental market,” said Ronald Reuben, CEO of Medicom. “We continue to focus on expanding our presence around the world to create value through both organic and acquisition-driven growth.”
“Loser & Co has deep dental channel expertise, which offers Medicom a great opportunity to strengthen our market position in Europe and provide new insights to help in other parts of the world,” states Ouriel Levy, Executive Vice President, Commercial and Global President, Dental. “This will create new synergies for the expansion of sales coverage across Europe and fill a gap in our global dental market strategy. The expanded team will provide us with the experience and focus that Medicom requires in the region.”
Joachim Siegler, currently Loser & Co GmbH Managing Director, will manage the entire Medicom dental business in Europe as Managing Director, Medicom B.V., and will operate from the current Loser & Co location in Germany. He stated: “We are excited by the new possibilities offered as we join forces with Medicom, including access to the extensive line of quality Medicom manufactured PPE and infection control products such as masks, gowns, gloves and sterilization pouches. We are proud to be part of the expanded Medicom global team.”
Medicom and Loser & Co will work together to ensure a seamless transition for customers and suppliers throughout the integration.