Dentsply Sirona has divested Ransom & Randolph, a manufacturer and supplier of casting for dental labs, foundries, and other markets.
The subsidiary was acquired by Los Angeles-based private capital firm PMC Capital. Terms of the transaction were not disclosed.
Michel Tamer, PMC managing partner, praised the move as mutually beneficial for both PMC and Dentsply Sirona. The divestiture furthers Dentsply Sirona's strategy to focus on its core business, according to a PMC press release. Ransom & Randolph will also remain an important partner to Dentsply Sirona, noted Ransom & Randolph President Daniel Nixon.
