DALLAS – Jan. 16, 2008 – Generational Equity, an advisor to privately held and family-owned businesses for mergers, acquisitions, and strategic growth initiatives, announced the sale of its client European Design, a manufacturer of dental equipment and furniture, based in Glasgow, Ky., to Midmark Corporation, a Versaillies, Ohio-based provider of examination and treatment equipment for medical, dental and veterinary markets. The value of the transaction was not disclosed.
With the acquisition, Midmark, a privately-owned company of 1,000 employees, will benefit from adding European Design, the fourth-largest dental cabinetry manufacturer known for its high-quality, wood craftsmanship, to its cache of products.
“European Design’s quality products and strong business made them an attractive gain for Midmark,” said Douglas Smith, Generational Equity managing director in the transaction. “European Design met its terms as sellers, and Midmark made a high-growth potential strategic acquisition. It really is a win-win situation for all parties involved.”
The deal closed six months after European Design entered the market.
About European Design
European Design is a Glasgow, Ky.-based manufacturer of dental equipment, including furniture, cabinetry and dental delivery systems. European Design manufactures a wide range of dental operatory and sterilization furniture designed to help dentist and staff work safer and more efficiently. For more information, visit the company’s Web site at www.europeandesinginc.com.
About Midmark Corporation
Founded in 1915, Midmark Corporation is committed to developing quality products, services and technologies that allow healthcare providers to increase effectiveness in their practices. With a full line of high-quality products for the medical, dental, digital diagnostic and veterinary markets, Midmark’s trusted equipment helps providers deliver more efficient patient care. Headquartered in Versailles, Ohio, Midmark also has subsidiaries in Gardena, CA; Orchard Park, NY; and Ernee,
France. For more information about Midmark or any of its products, visit the company’s Web site at www.midmark.com.
About Generational Equity
Generational Equity, a Generational Equity company, assists privately held and family-owned businesses in completing mergers, acquisitions, divestitures and strategic growth initiatives. Generational Equity has more than 300 professional advisors and affiliates nationwide and is headquartered in Dallas, with affiliate offices in New York, Chicago and Irvine, Calif. For more information, contact Generational Equity at (877) 213-1792 or info-us@gwequity.com, or visit www.gwequity.com.
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