Hyundai Dental Group actively explores the Australian denture market and has 5 well-known local brands
The unique global distribution network has brought many opportunities to Hyundai Dental Group (3600.HK). We are expanding the Group's layout in the global denture market through acquisitions and mergers.
Since 2000, Hyundai Dentistry has entered the Australian market with the “Southern Cross Dental” brand to develop businesses such as selling denture equipment. The brand has a history of more than 30 years in Australia and is one of the largest dental laboratories in the region; until 2015, Hyundai Dental acquired Southern Cross Dental. Currently, Southern Cross Dental's business covers markets such as Australia, New Zealand, and Ireland.
To further expand our market share in Australia, Hyundai Dental acquired “Andent”, “Gold & Ceramics”, and “Proform Australia” in 2013 and 2015 respectively, and its denture technology factory can also increase our production capacity. In July of this year, Hyundai Dentistry also successfully acquired the Australian movable dental prosthesis supplier “Swift Dental Laboratory” to consolidate the existing active dental prosthesis work made in Australia.
Risk Disclaimer: The above content only represents the author's view. It does not represent any position or investment advice of Futu. Futu makes no representation or warranty.
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