Profile: Henry Schein Inc (HSIC.OQ)
7 Mar 2014
Henry Schein, Inc. is a provider of health care products and services to office-based practitioners. The Company conducts its business through two segments: healthcare distribution and technology. The healthcare distribution segment aggregates its dental, medical, animal health and international operating segments. This segment consists of consumable products, small equipment, laboratory products, large dental equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins. Its technology group provides software, technology and other services to healthcare practitioners, primarily in the United States, Canada, the United Kingdom, Australia and New Zealand. On December 30, 2011, it acquired all of Oak Hill Capital Partners’ (OHCP) remaining direct and indirect interests in Butler Animal Health Supply, LLC (BAHS), including its interest in W.A. Butler Company. In April 2012, Biolase Technology, Inc. purchased 159 Waterlase MD Turbo laser systems from the Company. On May 24, 2012, the Company acquired AUV Veterinary Services B.V. In July 2012, it announced three acquisitions, which include Ortho Technology, Inc., Modern Laboratory Services and Accord. In September 2012, the Company acquired a majority interest in The Exan Group (Exan), a dental software company with headquarters in Port Coquitlam, British Columbia, Canada. In December 2012, the Company acquired C&M Vetlink. Effective February 18, 2013, the Company acquired Maddox Practice Group. In July 2013, Henry Schein Inc divested an unprofitable non controlling stake in a dental wholesale business in the Middle East. Effective January 6, 2014, Henry Schein Inc acquired Owandy SASU. Effective February 4, 2014, Henry Schein Inc acquired Lincoln Dental Supply from Keystone Industries Inc. Effective February 10, 2014, Henry Schein Inc acquired the entire share capital of Arseus Dental Solutions BV, Arseus Dental Solutions NV, Arseus Lab NV, and Arcade Dentaire SAS, from Areseus NV.
In April 2011, the Company acquired Alpha Scientific, Inc. The Company’s solutions include practice management software systems for dental and medical practitioners and animal health clinics. The Company’s technology group offerings also include financial services on a non-recourse basis, e-services and continuing education services for practitioners. Its consumable dental products, dental laboratory products and small equipment includes x-ray products, infection-control products, handpieces, preventatives, impression materials, composites, anesthetics, teeth, dental implants, gypsum, acrylics, articulators and abrasives. Large dental equipment includes dental chairs, delivery units and lights, X-ray equipment, equipment repair and high-tech equipment.
Medical products include branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products, x-ray products, equipment and vitamins. Animal health products include branded and generic pharmaceuticals, surgical and consumable products and services and equipment. Software and related products and other products include financial products and continuing education. The Company serves nearly 775,000 customers worldwide, including dental practitioners and laboratories, physician practices and animal health clinics, as well as government and other institutions.
The Company competes with Patterson Companies, Inc., Benco Dental Supply Company, McKesson Corp., PSS World Medical, Inc., Cardinal Health, Inc., MWI Veterinary Supply Inc., NextGen Healthcare Information Systems, Inc., eClinicalWorks, Allscripts, LLC, athenahealth, Inc., IDEXX Laboratories, Inc., The GACD Group, Pluradent AG & Co., Planmeca Oy, Arseus NV, Billericay Dental Supply Co. Ltd., National Veterinary Services and Alcyon SA.
Henry Schein Inc
135 Duryea Road
MELVILLE NY 11747