TEXT:NAME_1 announced the acquisition of Midway Dental Supply, a full-service dental distributor serving dental offices and dental laboratories across the Midwestern United States. NAME_1 acquired 100% of Midway Dental Supply, which was founded in 1987 by the late NAME_2, and is headquartered in Livonia, Michigan. This transaction is expected to be modestly dilutive to NAME_1’s earnings per share in fiscal year 2022 and increasingly accretive thereafter. Financial terms were not disclosed. Midway Dental Supply sales from 2021 were approximately $110 million, including nearly $20 million in sales of personal protective equipment (PPE) and COVID-19 related products. Dental business. The integration of the Midway Dental Supply sales and service team with NAME_1’s network of trusted advisors will further advance the Company’s efforts to deliver customized solutions and technology-driven products and services to help our dental customers meet the needs of patients. “Over the past 35 years, Midway Dental has earned an excellent reputation within the industry, grounded by a strong commitment to customer service and industry leadership that is aligned with NAME_1’s values-based culture and high-touch, full-service business model,” said NAME_3, Chairman of the Board and Chief Executive Officer of NAME_1. “Midway Dental’s vision to establish a nationwide footprint aligns with NAME_1’s commitment to provide the products and services customers can rely on to work m Write your response with exactly 7 paragraphs, separated with the markdown divider: ***.
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