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Dental TribuneAsia Pacific Edition | 12/2015 02 WORLD NEWS In September this year, DENTSPLY International and Sirona Dental Systems announced that they have entered into a definitive merger agreement, creating probably the world's largest dental manufac- turer, DENTSPLY SIRONA. Dental Tribune spoke with Sirona President and CEO, Jeffrey T. Slovin, who will assume the role of CEO of the new- ly combined company, about the merger and its impact on the global dental market. Dental Tribune: Both Sirona and DENTSPLY have been operating suc- cessfully in the dental market for several decades. Why did the com- panies decide to join forces and how will the companies benefit from the merger? Jeffrey T. Slovin: I am really excited about the merger and so are the dental professionals, distributors, patients and employees from around the world to whom I’ve spoken. As you know, the global dental industry is in the midst of a trans- formation. The market is moving toward more integrated solutions and practitioners across the globe. Furthermore, many practitioners in new emerging markets are rap- idly adopting digital dentistry. Combining DENTSPLY and Sirona will create the world’s leading manufacturer of professional den- tal products and technologies, strengthening our collective abil- ity to be at the forefront of key industry trends, help dental pro- fessionals improve patient care and grow our business. DENTSPLY and Sirona both have strong commitments to innova- tion and research and develop- ment. In fact, we have collaborated verysuccessfullyonproductdevel- opmentwithDENTSPLYinthepast. This merger is about harnessing those shared strengths to create new products with the aim of ad- vancing patient care. Additionally, Sirona’s technology and equip- ment offerings are complemen- tarywithDENTSPLY’sconsumables platform, enabling us to offer a more robust product platform to dental professionals and distribu- tion partners. Together, we will drive better, faster and safer dentistry around the world. Thenewcompanywillbetheworld’s leading manufacturer of profes- sional dental products and tech- nologies. How will this affect the global dental industry? After the merge, DENTSPLY SIRONA will be a stronger and larger global company with a broader product platform, deeper focusoninnovationandthelargest sales and services infrastructure in the dental industry. When you considerhowmuchtheglobalden- tal industry has recently changed, it should be expected that den- tistry would continue its rapid evolution. Today, general practi- tioners are taking on more spe- cialized procedures that require integrated workflows with con- sumables and equipment that en- hance their efficiency and patient care offering. You’re also seeing an increasing demand for dental care from developing and emerging markets. We expect these needs to continue evolving and that DENTSPLY SIRONA will provide so- lutionstoaddresstheircontinuous needs. With our combined focus on innovation and research and de- velopment, DENTSPLY SIRONA is very well positioned to meet both the current demands of the global dentistry industry, as well as anti- cipate and address future de- mands. Coupled with the largest sales and services infrastructure in the dental industry and sup- ported by leading dental distribu- tors and a direct sales force, we will be able to serve the dental industry more effectively worldwide. The merger is truly a win for everyone involved. The merger is expected to be com- pleted in the first quarter of 2016. Which regulations or closing condi- tions could still prevent a definitive merger? The transaction is currently on track with the aim to complete the process in the first quarter of 2016. Thereare,aswithanytransactions, certain regulatory approvals and other customary closing condi- tions that we must achieve first. These include anti-trust clearance in the US, Europe and other countries, all of which are outlined in our SEC filings. We are confi- dent that we will receive these ap- provals and the approval of our shareholders and we look forward to closing the transaction. Until then however, both DENTSPLY and Sirona will continue to run their business as usual as separate en- tities. Are you looking into opportunities to acquire other dental companies? Right now we are focused on continuing to run the business and execute our Sirona strategy successfully, while also working toward closing the merger with DENTSPLY. Our future is full of op- portunity and we are working hard to deliver on that promise to our employees, patients and the entire dental community. Thank you very much for this inter- view. IMPRINT PUBLISHER: Torsten OEMUS GROUPEDITOR/MANAGINGEDITORDTAP&UK: Daniel ZIMMERMANN newsroom@dental-tribune.com CLINICALEDITOR: Magda WOJTKIEWICZ ONLINEEDITOR: Claudia DUSCHEK ASSISTANTEDITORS: Anne FAULMANN, Kristin HÜBNER COPYEDITORS: Sabrina RAAFF, Hans MOTSCHMANN PRESIDENT/CEO: Torsten OEMUS CFO/COO: Dan WUNDERLICH MEDIASALESMANAGERS: Matthias DIESSNER Peter WITTECZEK Maria KAISER Melissa BROWN Weridiana MAGESWKI Hélène CARPENTIER Antje KAHNT MARKETING&SALESSERVICES: Nicole ANDRAE ACCOUNTING: Karen HAMATSCHEK BUSINESSDEVELOPMENT: Claudia SALWICZEK EXECUTIVEPRODUCER: Gernot MEYER ADPRODUCTION: Marius MEZGER DESIGNER: Franziska DACHSEL INTERNATIONALEDITORIALBOARD: Dr Nasser Barghi, Ceramics, USA Dr Karl Behr, Endodontics, Germany Dr George Freedman, Esthetics, Canada Dr Howard Glazer, Cariology, USA Prof.DrI.Krejci,ConservativeDentistry,Switzerland Dr Edward Lynch, Restorative, Ireland Dr Ziv Mazor, Implantology, Israel Prof. Dr Georg Meyer, Restorative, Germany Prof. Dr Rudolph Slavicek, Function, Austria Dr Marius Steigmann, Implantology, Germany PublishedbyDTAsiaPacificLtd. DENTALTRIBUNEINTERNATIONAL Holbeinstr. 29, 04229, Leipzig, Germany Tel.: +49 341 48474-302 Fax: +49 341 48474-173 info@dental-tribune.com www.dental-tribune.com RegionalOffices: DTASIAPACIFICLTD. c/o Yonto Risio Communications Ltd, 20A, Harvard Commercial Building, 105–111 Thomson Road, Wanchai Hong Kong Tel.: +852 3113 6177 Fax: +852 3113 6199 UNITEDKINGDOM BairdHouse,4th Floor,15–17St.CrossStreet London EC1N 8UW www.dental-tribune.co.uk info@dental-tribune.com DENTALTRIBUNEAMERICA,LLC 116 West 23rd Street, Suite 500, New York, NY 10001, USA Tel.: +1 212 244 7181 Fax: +1 212 224 7185 ©2015,DentalTribuneInternationalGmbH All rights reserved. Dental Tribune makes every effort to report clinical information and manufac- turer’sproductnewsaccurately,butcannotassume responsibility for the validity of product claims, or for typographical errors. The publishers also do not assume responsibility for product names or claims,orstatementsmadebyadvertisers.Opinions expressed by authors are their own and may not reflect those of DentalTribune International. Scan this code to subscribe our weekly Dental Tribune AP e-newsletter. AD “Theglobaldentalindustryisin themidstofatransformation” An interview with Sirona President and CEO, Jeffrey T. Slovin JeffreyT.Slovin. DTAP1215_01-03_Title 23.03.16 17:26 Seite 2 Tel.: +4934148474-302 Fax: +4934148474-173 Tel.: +85231136177 Fax: +85231136199 Tel.: +12122447181 Fax: +12122247185 DTAP1215_01-03_Title 23.03.1617:26 Seite 2