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Q&M to acquire 47% stake in China-based dental laboratory business

Jeffrey Tan Published on Tue, Jun 07, 2016 / 7:45 AM GMT+8

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SINGAPORE (June 7): Q&M Dental Group is seeking to buy a 47.14% equity interest in Shenzhen New Perfect Dental Research (SZNP) for RMB66 million ($13.75 million).

SZNP is a China-based dental prosthetic devices provider, focusing on custom-making prostheses for individual dental patients.

It currently operates 16 dental laboratories in 15 Chinese cities, including Shenzhen, Guangzhou, Dongguan, Wenzhou, Hangzhou and Ningbo.