Topic: How To Invest

Spinoffs & Takeovers Hotline – Friday, June 18, 2021

Article Excerpt

HENRY SCHEIN INC., $75.02, symbol HSIC on New York, is the world’s largest provider of health-care products and services to doctors and dentists. It has more than one million customers worldwide and operations in 31 countries, including the U.S., Canada, and the U.K. Schein manages a centralized and automated distribution network, with a selection of more than 120,000 branded products, and an additional 180,000 products available as special-order items. The company conducts its business through two segments: (i) health-care distribution and (ii) technology and value-added services. These segments offer different products and services to the same customer base. The health-care distribution segment distributes dental and medical consumable products, small equipment, laboratory products, large equipment, equipment repair services, branded and generic pharmaceuticals, vaccines, surgical products, diagnostic tests, infection-control products and vitamins. The global technology and value-added services group provides software, technology and other value-added services to health-care practitioners. Henry Schein One, the largest contributor of sales to this category, offers software systems for dental practitioners…