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Midmark acquires Progeny
Midmark Corporation has entered into an agreement to acquire Progeny™, Inc., a leading manufacturer of radiographic imaging products in the dental market. This acquisition will align Progeny’s imaging expertise with Midmark’s vision to provide innovative products to its customers in the dental market, as well as the medical and veterinary markets.
Replies to This Discussion
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Permalink Reply by Dental Sales Rep on -
Great acquisition for Midmark!
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Permalink Reply by Dental Sales Rep on
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I know some were independents
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Permalink Reply by Lauri Algatt,RDH,LEED AP on -
Midmark, they are a great group. I worked with them on a healthcare clinic installation....very customer service oriented.
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Permalink Reply by Dental Insider on -
Progeny Reps whether independent or not will stay Progeny reps for now. Everything will stay in Chicago for now. This was rumored last year and I'm glad it finally came to fruition. I think this was a good move for Midmark.
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Permalink Reply by Joe Donohue on -
Hasn't this been rumored for years?? Midmark is a big diverse company. I have meet with the CEO, Dr. Anne Eiting Klamar, and she is a very savvy executive. Of course, the manager of the dental division, Eric Shirley is a class act as well.
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Permalink Reply by Dental Sales Rep on
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DI called this a long time ago.
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Permalink Reply by Brian Taylor on -
Midmark has almost always done a first class job of assimilating acquisitions smoothly and imparting their culture to the acquired company. They are diligent in their processes and I expect this to be a very nice complement to their business
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Permalink Reply by James Ortmann on -
I am curious with Danaher owning Gendex and Midmark now owning Prodgeny will Adec be in the market for an X-Ray company to keep pace?
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Permalink Reply by Dental Insider on
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I am curious to see how Schein handles this. As you know they are in pretty deep with Danaher, will Midmark put pressure on them to sell the Progeny X rays? Only time will tell.
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Permalink Reply by Mr Conservative on
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Schein does sell Progeny x-ray units today. Progeny sells through most dealers, and I guess they will continue to do so.
I think the more interesting long-term questions is this: will consolidation of dental manufacturers swing some of the power away from the dental distributors? Danaher has has quite an impact o the way Schein does business, and we may end up with a handful of equipment manufacturing conglomerates. During my 15 years in dental, distributors were merging constantly, and the manufacturers have had to bow down to them. Will this change?
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Permalink Reply by Joe Donohue on
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Schein sells DEXIS, and Patterson sells Schick. Are there any other digital senors that are exclusive to a distributor?
Notes
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Created by Dental Sales Rep May 14, 2008 at 7:30pm. Last updated by Dental Sales Rep Dec 9, 2010.
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