06.11.2023 Views

Dental Asia November/December 2023

For more than two decades, Dental Asia is the premium journal in linking dental innovators and manufacturers to its rightful audience. We devote ourselves in showcasing the latest dental technology and share evidence-based clinical philosophies to serve as an educational platform to dental professionals. Our combined portfolio of print and digital media also allows us to reach a wider market and secure our position as the leading dental media in the Asia Pacific region while facilitating global interactions among our readers.

For more than two decades, Dental Asia is the premium journal in linking dental innovators and manufacturers to its rightful audience. We devote ourselves in showcasing the latest dental technology and share evidence-based clinical philosophies to serve as an educational platform to dental professionals. Our combined portfolio of print and digital media also allows us to reach a wider market and secure our position as the leading dental media in the Asia Pacific region while facilitating global interactions among our readers.

SHOW MORE
SHOW LESS

Create successful ePaper yourself

Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.

DENTAL UPDATES<br />

Emirati sovereign wealth<br />

fund Mubadala invests in<br />

Osstem Implant<br />

Emirati state-owned holding company Mubadala Investment<br />

Company has announced an investment in Korean dental implant<br />

material manufacturer, Osstem Implant (Osstem), in partnership<br />

with MBK Partners and Unison Capital.<br />

Osstem is reportedly the world’s fourth largest dental implant<br />

material manufacturer, which focuses on the value segment<br />

in more than 30 international markets. The company has<br />

manufacturing facilities in Korea and the US, and it provides<br />

dental materials, digital equipment, and a full range of auxiliary<br />

services in addition to implants.<br />

“With the growing prevalence of dental disorders and demand for<br />

cosmetic dentistry across the globe, access to comprehensive<br />

dental solutions plays a vital role in improving public health,” said<br />

head of life sciences at Mubadala Investment Company, Camilla<br />

Macapili Languille. “We are pleased to partner with MBK Partners<br />

and Unison Capital to support Osstem in scaling its best-in-class<br />

dental solutions in the high-growth value segment to better serve<br />

doctors and patients across the globe.”<br />

PERFECTION IN<br />

BONE SURGERY<br />

→ YOUR SURGICAL<br />

APPROACH WILL CHANGE -<br />

THE PIEZOSURGERY® touch<br />

→ best cutting efficiency<br />

→ optimal intraoperative control<br />

→ perfect ergonomics<br />

→ made in Italy<br />

Osstem also focuses on helping dentists provide their patients<br />

with total dental treatment solutions. The company trains more<br />

than 110,000 dentists globally every year through its network of<br />

120 dedicated training centres.<br />

Although the size of the investment in Osstem was not disclosed,<br />

Mubadala Investment Company ranks as one of the UAE’s top<br />

sovereign wealth funds, with managed assets totaling US$284.4bn<br />

ranking as high as 13th among global sovereign funds.<br />

Osstem was delisted from the KOSDAQ market on 14 Aug<br />

following 16-years on the Korean exchange, after a consortium<br />

formed by MBK Partners and Unison Capital Korea (UCK)<br />

announced their plans to buy the remaining 3.92% of shares<br />

from minority shareholders. The consortium held 96.2% of the<br />

company’s shares after two earlier public purchases. The market<br />

capitalisation of Osstem was reported at $2.26bn (2.93tn won) at<br />

the time of its final trading period. DA<br />

(Image:<br />

Mubadala<br />

and Osstem)<br />

→ www.mectron.com<br />

DENTAL ASIA NOVEMBER / DECEMBER <strong>2023</strong> 9

Hooray! Your file is uploaded and ready to be published.

Saved successfully!

Ooh no, something went wrong!