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Steri Oss Inc

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BUSINESS
April 23, 1997 | (Dow Jones)
Interpore International said Tuesday it has agreed to sell its dental implant business to Steri-Oss Inc. of Yorba Linda. Steri-Oss will make a cash payment of $1.5 million when the deal closes, as well as an additional deferred cash payment of up to $1.5 million due in January 1998. Interpore manufactures dental implants and accessories.
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BUSINESS
September 16, 1998
Swedish medical company Nobel Biocare AB said it has completed its acquisition of dental implant maker Steri-Oss Inc. in Yorba Linda for stock and cash. As part of the transaction, Nobel said, it will move its U.S. operations to Yorba Linda from Westmont, Ill. Nobel also plans to retain the Steri-Oss management team, creating a combined work force of more than 350 employees. Nobel becomes the largest provider of dental implants in the United States as a result of the transaction.
BUSINESS
October 31, 1997
As jitters spread through the stock market again, Steri-Oss Inc. said it has withdrawn its initial public stock offering. The Yorba Linda-based dental implants maker had hoped to sell 4.7-million shares of stock in a range of $14 to $16 each to generate about $65 million. Dan Dykens, an analyst with Renaissance Capital, a Greenwich, Conn.-based company specializing in new issues, said underwriters have delayed or withdrawn four of the 15 new issues that Renaissance was tracking this week.
BUSINESS
February 5, 1997
Interpore International, a manufacturer of synthetic bone-graft materials, said Tuesday that it has signed an agreement to sell its sluggish dental business to Steri-Oss Inc., a Yorba Linda maker of dental implants. Interpore previously had a tentative agreement to sell the dental unit to a German company but began discussions with Steri-Oss after the earlier deal hit a snag.
BUSINESS
June 30, 1998 | BARBARA MARSH, TIMES STAFF WRITER
One of the world's largest manufacturers of dental implants said Monday it plans to buy its Yorba Linda-based competitor, Steri-Oss Inc., in a stock-and-cash deal valued at $97 million plus debt. Nobel Biocare AB of Sweden said it will move its U.S. headquarters to Yorba Linda and retain Steri-Oss' management team. "Steri-Oss is a highly successful company and we want to keep the momentum that Steri-Oss has," said Jack Forsgren, Nobel Biocare's chief executive.
BUSINESS
February 19, 1998 | BARBARA MARSH
Wide open--or open wide? Either way, China looks promising to Steri-Oss Inc. The Yorba Linda maker of dental implants has started selling its wares in China and hopes to post sales of $400,000 there this year. Though the Chinese government won't pay for dental implants any more than U.S. health maintenance organizations will, Steri-Oss President Martin Dymek says such items are becoming popular among wealthier Chinese, who can pay for them out-of-pocket.
BUSINESS
August 27, 1997 | BARBARA MARSH, TIMES STAFF WRITER
Dental implant maker Steri-Oss Inc. plans to raise about $65 million in an initial public stock offering to pay off debt that financed its spinoff less than a year ago from giant Bausch & Lomb. The fast-growing Yorba Linda company issued debt and preferred stock worth nearly $75 million last November to finance a buyout by management and a private investment fund. The company plans to offer 4.
BUSINESS
January 5, 1998
Frank Foster has been named chief operating officer for Fieldstone Communities Inc. in Newport Beach. He will be responsible for overseeing all day-to-day operations of the company and guide its expansion into new Southern California markets, including Los Angeles and Ventura counties. Foster, who joined the company in 1986, had most recently been regional manager. * John Wm. Winkelhaus II has retired from Ingram Micro Inc., a Santa Ana wholesale distributor of technology products and services.
BUSINESS
October 31, 1997 | BARBARA MARSH, TIMES STAFF WRITER
Steri-Oss Inc. withdrew plans for a $65-million initial public stock offering Thursday following the volatile stock market's steep tumble this week. "We made a very difficult decision to postpone until the market is better positioned for our offering," said Martin Dymek, president of the Yorba Linda-based maker of dental implants. He said the company isn't under financial pressure to raise funds and may wait through the first six months of next year to try again.
BUSINESS
July 24, 1996 | BARBARA MARSH, TIMES STAFF WRITER
Steri-Oss Inc., a fast-growing maker of dental implants, will be sold by its giant parent, Bausch & Lomb, to its top executives and a private investment fund, the companies said Tuesday. The Finisterre Fund of New York, which invests in health-care businesses, would receive the majority stake in Steri-Oss, though the company's local management team would continue to run the company, officials said.
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