Clairfield advises Pluradent GmbH & Co. KG on the pending sale to Aurelius Group, via a debtor in possession insolvency procedure
Subject to approval by the relevant competition and regulatory authorities, Pluradent GmbH & Co. KG will be sold in a simultaneous transaction in which Aurelius Private Equity, a prominent German private equity group, will also acquire the dental bauer dental distribution group from the Linneweh family to create a leading German dental distribution platform with more than EUR 300m in revenues.
Pluradent was sold via a debtor in possession insolvency procedure which allows for Aurelius and dental bauer to integrate Pluradent’s strengths in dental technical services and consumables into its existing Germany-wide service platform.
Clairfield International is extremely active in the dental segment and has been a particular advocate for the creation of a pan-European dental distribution platform. Further transactions are expected to follow the compelling logic behind this sub-sector consolidation.
“Without Clairfield’s dental sector expertise and devotion to obtaining a positive outcome for creditors, dental suppliers, and employees, this transaction would have had a distinctly different outcome.”
– Dr. Roland Hartmann, Managing Director of Pluradent