European Dental Group Announces Sale of Its French Dental Operations, Medident, to Ivoryline Holdings Ltd

The transaction marks an important step in our refocus on its core markets in the Netherlands, Germany, the United Kingdom, Switzerland, and Belgium. Following several years of development in France, the Group has decided to concentrate its resources on strengthening its existing footprint in its key geographies.

Ivoryline Holdings Ltd is a London-based investment company focused on acquiring and developing healthcare and service-sector businesses across Europe.

Toby Anderson, Chief Executive Officer of EDG, commented:

“France remains a large and fragmented dental market, but after careful review, we concluded that Medident would benefit from dedicated ownership and investment to support its next stage of development. We are pleased that Ivoryline will bring the focus and resources needed to continue Medident’s growth and success.”