Dental Insider Blog

Observation and Commentary On the Dental Industry

Henry Schein to buy Darby Group assets for $52 mln

Posted by dentalinsider on June 21, 2006

From a press release this morning….

NEW YORK, June 21 (Reuters) – Henry Schein Inc. (HSIC.O: Quote, Profile, Research), a supplier of dental and medical products, said on Wednesday it will acquire three companies from closely held Darby Group Cos. for about $51.5 million in cash.

Henry Schein said the acquisition of Island Dental Co. Inc., Darby Medical Supply Co. and Darby Dental Laboratory Supply Co. Inc., which together in 2005 had sales of about $219 million, is expected to be slightly accretive to its 2006 diluted earnings per share. It will add 1 cent to 3 cents to its diluted earnings per share in 2007, it said.

Henry Schein expects these transactions to close during the third quarter of 2006

DI

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