Henry Schein, Inc. : Belgium's Arseus sells units to U.S. group Henry Schein
January 06, 2014 at 01:59 am
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BRUSSELS (Reuters) - Belgian healthcare group Arseus (>> ARSEUS) has sold several small units of its healthcare supplies business to U.S. group Henry Schein (>> Henry Schein, Inc.) for 50 million euros ($68.07 million), the company said on Monday.
BRUSSELS (Reuters) - Belgian healthcare group Arseus (>> ARSEUS) has sold several small units of its healthcare supplies business to U.S. group Henry Schein (>> Henry Schein, Inc.) for 50 million euros ($68.07 million), the company said on Monday.
Arseus sold its dental software units Julie and Arseus Dental Lab as well as Arseus Dental Solutions Benelux and France Ouest, which have joint annual sales of about 70 million euros.
In August, Arseus said that it was considering options for the group's Healthcare Solutions and Healthcare Specialities divisions, after sales for these businesses fell in the first half.
The group had already disposed of its dental distribution activities in November and said on Monday it would make further announcements in the first half of 2014.
(Reporting by Robert-Jan Bartunek; Editing by Alison Williams)
Henry Schein, Inc. specializes in the distribution of care products and services intended for health professionals (doctors, surgeons, dentists, veterinary laboratories and clinics). Net sales break down by activity as follows:
- distribution of health care products and equipment (93.5%): dental products and equipment (65.4% of net sales; consumable products, laboratory equipment, print materials, implants, anesthetics, etc.) and medical equipment (34.6%; medicines, vaccines, vitamins, surgical material, diagnostic tests, etc.);
- other (6.5%): sale and integration of management software, financial, training, maintenance and equipment repair services.
The United States account for 69.9% of net sales.Henry Schein, Inc. specializes in the distribution of care products and services intended for health professionals (doctors, surgeons, dentists, veterinary laboratories and clinics). Net sales break down by activity as follows:
- distribution of health care products and equipment (93.5%): dental products and equipment (65.4% of net sales; consumable products, laboratory equipment, print materials, implants, anesthetics, etc.) and medical equipment (34.6%; medicines, vaccines, vitamins, surgical material, diagnostic tests, etc.);
- other (6.5%): sale and integration of management software, financial, training, maintenance and equipment repair services.
The United States account for 69.9% of net sales.
HENRY SCHEIN, INC. 
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