Miura Private Equity enters Terrats Medical
October 15, 2020
Barcelona, 9 October 2020.- Miura Private Equity, a Spanish leading investment firm, has closed an investment agreement with Terrats Medical, a major global company in design and production of dental implants and abutments that operates under DESS® Dental Smart Solutions brand. Miura will support the management team in their consolidation and international growth plan.
Terrats Medical is family owned business with more than 70 years of history currently led by the third generation and headquartered at Barcelona. The company is one of the best players in high tech abutments, dental implant related products and medical devices as well as engineering, production and certification of their products, with a strong presence in international markets such as the US, Europe (Germany, France and the Nordic countries) and Asia, thanks to a wide network of partners in distribution, research centers and dental clinics. DESS is present nowadays in more than 35 countries and sells abroad more than 90% of its total revenue.
The company uses state of the art technology to design and manufacture world-class implant abutments and dental implants. In addition, Terrats Medical provides tailored OEM (Original Equipment Manufacturer) and private label services to other dental implant brands.
According to Luis Seguí, CEO & Founding Partner at Miura, "It is a strategic investment in the Healthcare sector in which we can provide value and know-how on family businesses and help the company reach new global heights.”
Carlos Julià, Miura’s deal leading partner said: “We are very excited to join forces with Terrats family. We will work side by side with the management team to keep on growing on global markets thanks to Terrats Medical vision and performance, as well as our expertise on developing family businesses based on industrial sectors with a strong international focus.”
Roger Terrats, CEO of Terrats Medical, concluded that: “The partnership with Miura sets a news stage of growth and consolidation that will reinforce our position as high-end medical and dental company. In addition, they provide stability and a higher magnitude to our business, which has been ongoing for the last 70 years thanks to our committed entrepreneurship, responsibility, and customer care. Values that Miura endorses altogether.”
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