A Strategic Investment Resulting in Industry Innovation
• NSK has acquired DCI International, LLC, the fastest-growing US dental equipment manufacturer and world’s largest dental parts manufacturer.
• A minority owner since October 2020, NSK looks to build on DCI’s growth and momentum with investments in manufacturing and innovation, resulting in a higher level of customer care, and has acquired the remaining interest for 100% ownership.
• The acquisition price has not been disclosed.
NSK has reached a definitive agreement to indirectly purchase 51% of the membership interests of DCI International, LLC (“DCI”). As a result of this transaction, 100% of DCI’s membership interests will be held by NSK. This strategic combination unlocks further growth potential of NSK and DCI to serve customers better and compete in the dental industry, especially in the U.S. market. The whole DCI management team will stay in the company. In addition, the DCI brand and sales channels will stay as is.
“This is a game-changing combination which will provide both NSK and DCI with the broader solutions, customer reach, and capabilities to solidify our position as a leading provider of dental chair units and instruments in our market. DCI and NSK values are very similar. Both companies have always practiced the 'customer first' principle with all sincerity to provide satisfaction and excitement to our customers. We also try to manage our business based on people. Both companies have very good and loyal people and very strong teams. We also place great importance on long-term relationships with our customers. We feel that these values are a strength that both companies have over other competitors. By bringing the two companies together, we will further heighten our strengths and provide our customers with the best possible experience,” said Eiichi Nakanishi, Nakanishi/NSK Group CEO.
“I started DCI 40 years ago with the core values of making our customer’s life easier, enhancing the life of our employees, and providing dental care to those in need. NSK has demonstrated these same principles and will be a good steward of these values, while investing in DCI’s continued growth. I’m excited about the future and what this means for our customers and employees,” said John Spencer, DCI International CEO.
The anticipated closing date is 31 August 2023. However, the transaction is subject to regulatory approval and is expected to be closed in the coming weeks.
