Israel’s Sino-Lite picks up dental laser maker Light Instruments

Israeli medical and dental group Sino-Lite said today it acquired formerly Syneron Medical Ltd.-owned (NSDQ:ELOS) dental laser maker Light Instruments for an undisclosed amount.

Light Instruments develops and produces dental laser technology for hard and soft tissue treatments, including its flagship LiteTouch laser-in-handpiece non-fibre Er:YAG dental laser device, Sino-Lite said.

“The acquisition of Light Instruments is the first step within a sequence of acquisitions of high technology companies and innovative companies that the group intends to acquire in the Israeli market. The new leadership will drive the LiteTouch technology brand forward and further develop its valued innovative contribution to the dentistry world. Sino-Lite Ltd. shall increase Light Instruments workforce and expand the variety of high-end advanced technology dental lasers offered, thus affirming its position as a worldwide global leader,” Sino-Lite CEO Eric Ben-Mayor, who will now serve as CEO of Light Instruments, said in a prepared statement.

Sino-Lite said it specializes in acquisitions, development and management of dental and medical companies and is backed by Chinese groups, including Sino-Ita International Trading Company.

The company touted the purchase, saying the dental laser market “is 1 of the biggest potential markets in the coming decade.”

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