KBS Corporate Oversees Acquisition of Leca Dental Laboratory
Based in Scotland Leca Dental Laboratory Limited is a full-service laboratory producing implants, prosthetic dentures, crown and bridge, chrome cobalt and orthodontic products.
The company was established in 2002 and has developed an excellent reputation with over 600 active clients, some of whom have been with the business for over 10 years. Leca Dental Laboratory Limited also holds a strong place in the sector twice winning Dental Laboratory of the Year, 2013 and 2015 and shortlisted for Marketing Campaign of the Year in 2016.
The shareholders of Leca Dental Laboratory Limited instructed KBS Corporate with the sale of their business in order to generate investment and to allow for further growth through the impetus of a new owner while remaining active in the business post sale.
KBS Corporate implemented an exhaustive research strategy with a focus on both trade and private equity buyers. This resulted in 46 interested parties being identified, and from this came 9 meetings and 4 offers. Due to the high levels of interest KBS Corporate was able to negotiate a definite uplift in bids from the initial offers.
The successful offer came from Amalgamated Laboratory Solutions Limited, a manufacturer of dental instruments and supplies based in London, which was set up and backed by Ansor LLP. Amalgamated Laboratory Solutions Limited is currently in a growth through acquisition phase, in order to cement their position in the dental market.
Leca Dental Laboratory Limited was advised by Fabio Rambelli, KBS Corporate Associate Director, who commented, “It’s been an absolute pleasure working with both parties. I’m confident that the buyers, sellers and Leca team will have a very prosperous future working together. I wish all parties the best of luck.”