Medline Canada acquires Sinclair Dental to strengthen market position in Canadian dental supplies

Company

Medline Canada, Corporation

Law Firm / Organization
Bennett Jones LLP

Company

Sinclair Dental

Law Firm / Organization
Borden Ladner Gervais LLP (BLG)

On December 20, 2023, Medline Canada, a leading healthcare supplies and equipment manufacturer and distributor, entered into a definitive share purchase agreement to acquire all issued and outstanding shares of Vancouver-based Sinclair Dental, Canada’s largest independent dental supplies and equipment distributor. The transaction’s value was not disclosed. The deal's completion, expected in Q1 2024, is subject to regulatory approval under the Competition Act (Canada) and other customary closing conditions.

Sinclair Dental operates 11 facilities across Canada, employing 530 staff focused on advanced dentistry requirements, renowned for its customer service, technical support, clinic design, and supply of high-tech equipment and software. John Morrison, COO of Sinclair Dental, emphasized that the acquisition by Medline Canada would strengthen their market position and ensure continued growth and service excellence, in line with the vision of Sinclair Dental’s owners, Goli Nowtash and the late Dr. Arjang Nowtash.

Ernie Philip, President of Medline Canada, stated that Sinclair Dental’s integration would align well with Medline's CARES culture, enhancing their position among Canadian dental suppliers. Medline Canada aims to leverage Sinclair Dental’s reputation and customer-focused approach to deliver improved healthcare outcomes across various sectors, including primary care, long-term care, acute care, and home health.

Merger & Acquisition
Healthcare
Undisclosed/Confidential
Closed
01 February 2024