Dentsply Sirona has decided to retain Wellspect Healthcare after considering alternative options for the business earlier this year.
Three notes:
1. Wellspect is a provider of bladder and bowel management care products.
2. Dentsply Sirona began reviewing “strategic alternatives” for the business in February to focus its resources on its dental portfolio.
3. Dentsply Sirona said Sept. 8 that it completed its review of options, including a potential sale, but concluded that retaining the subsidiary would be more beneficial for Dentsply stockholders.
