Dentsply Sirona completes merger

The company now known as Dentsply Sirona announced on February 29 that a "merger of equals" had been completed.

First announced on September 15, 2015, the merger creates the world's "largest and most diversified manufacturer of professional dental products and technologies," according to a company press release.

"With our merger complete, Dentsply Sirona can now focus its efforts on empowering dental professionals to provide better, safer, and faster dental care," stated Jeffrey Slovin, CEO of Dentsply Sirona, in the release.

The company said it will have the largest and strongest R&D platform in the industry, with more than 600 experienced scientists and engineers.

Dentsply and Sirona completed the merger on February 29. Shares of Sirona ceased trading at the close of Nasdaq that day. Under terms of the agreement, Sirona shareholders are receiving 1.8142 shares of Dentsply Sirona for each existing Sirona share.

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