By expanding its European operations, Jacobs Holding further strengthens its leading global dental services platform
Zurich – August 2, 2021 – Jacobs Holding, through Colosseum Dental Group (CDG), has reached an agreement with EQT and other minority stakeholders to acquire Curaeos, a leading European dental services provider with operations in the Netherlands, Italy, Germany, Denmark, and Belgium. With this acquisition, Jacobs Holding further strengthens its leading global dental services platform consisting of the pan-European Colosseum Dental Group and the North American Dental Group. With Curaeos, Jacobs Holding’s global dental services platform will operate close to 800 clinics with more than 13,000 professionals and generate over EUR 1,5 billion in annual revenue.
Curaeos is a fast-growing vertically integrated European dental services organisation headquartered in Oosterhout, the Netherlands. It provides the full range of high-quality general and specialist dental care under several renowned brands such as Curaeos, DentConnect and DentalCoop. Curaeos operates 186 clinics – 129 clinics in the Netherlands, 24 clinics in Italy, 15 clinics in Germany, 11 clinics in Denmark and 7 clinics in Belgium – as well as 54 labs. Curaeos will become part of Colosseum Dental Group and broaden the Group’s footprint to the Netherlands and Belgium while expanding its leadership positions in Denmark, Italy and Germany.
“For Jacobs Holding, this is a significant next step in our strategy that further strengthens our position as the leading global dental services platform. As a truly global provider, we now offer quality dental care in the US and eleven European countries, with top 3 positions in all the markets we operate in. Our expanded size and reach will allow us to further leverage our existing platform and expertise, as well as investing more of our resources in innovation, research, and education. We do not only have the ambition to be the fastest-growing global dental platform but also to be the most innovative one delivering significant value to patients and professionals alike”, comments Patrick De Maeseneire, CEO of Jacobs Holding.
“We are thrilled and excited to join forces with Curaeos and welcome all teams from Curaeos to Colosseum Dental Group. We look forward to collaborating with great professionals who share our values for the benefit of our patients and taking dental care to the next level. With its complementary geographic footprint and its performance-oriented, client-centric culture, Curaeos is a perfect fit for our group, and our combined medical and operational expertise together with our long-term strategic approach will allow us to continuously develop our high-quality care standards across our expanding group”, said Stefan Nilsson, CEO of Colosseum Dental Group.
Chris Cools, CEO of Curaeos, said: “Over the last three years, we have developed Curaeos into a leading European dental services platform in terms of growth, quality and efficiency with a unique culture and a well-invested scalable IT platform. To get to the next level, we are very excited to join Colosseum Dental Group and to become part of the leading and fastest-growing European dental services group for the benefit of all our patients, team members and shareholders. Together, we will be able to realise economies of scale and set new standards in the European market in terms of quality and innovation.”
The transaction was signed on July 30, 2021. No financial details have been disclosed.
