3D Systems acquired Vertex-Global Holding B.V., a provider of dental materials worldwide under the Vertex and NextDent brands. Together, 3D Systems’ Figure 4 platform and NextDent’s 3D printing materials give 3D Systems a strategic foothold in the multi-billion dollar digital dentistry industry.
Vertex Dental and NextDent are leading global innovators and manufacturers of photopolymer, thermoplastic, polymer and monomer materials for traditional and 3D printing dental applications. NextDent has developed 12 dental 3D printing materials to date and has obtained regulatory approval for use of these materials in more than 70 countries worldwide. NextDent’s portfolio of 3D printing materials allow dental professionals to produce trays, models, drilling templates, dentures, orthodontic splints, crowns and bridges with enhanced speed, precision and efficiency and lower cost compared to conventional procedures.
“With the combination of our Figure 4 platform and NextDent’s materials, we have the opportunity to deliver digital production solutions from the dentist’s chair to the dental lab,” said Vyomesh Joshi, President and CEO, 3D Systems.
3D Systems will continue to offer Vertex Dental and NextDent’s existing portfolios and will continue to sell to and serve all current customers. Rik Jacobs, formerly CEO of NextDent and Vertex Dental, will join 3D Systems and lead the company’s worldwide dental business. Connie Peterse-van der Koppel, formerly Chief Development and Regulatory Officer of NextDent and Vertex Dental, will lead 3D Systems’ dental development and regulatory efforts. Together, with their teams, these leaders will continue to deliver materials innovation, regulatory compliance, manufacturing efficiency, and vertical solutions expertise to advance 3D Systems’ solutions across healthcare and other verticals.
3D Systems expects this acquisition to be immediately accretive to its non-GAAP earnings per share and cash generation.