# Straumann Group acquires ClearCorrect for $150M

Straumann Group acquired ClearCorrect, a manufacturer of clear aligners, for approximately $150 million. ClearCorrect will continue operations in Round Rock, Texas.

- Type: Acquisition
- Announced: 2017-08-17
- Where: Round Rock, Texas, United States
- Value: $150.0M
- Status: announced
- Products: clear aligners for orthodontics
- Sectors: [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Straumann Holding AG](https://endata.com/companies/20348.md) (acquirer)
- [ClearCorrect](https://endata.com/companies/26340.md) (target)

## Sources

- [globenewswire.com](https://www.globenewswire.com/news-release/2017/08/17/1087058/0/en/ClearCorrect-acquired-by-global-dental-leader-Straumann-Group.html), 2017-08-17: "ClearCorrect provides us with technology, expertise and a strong footing in this field."
- [biospace.com](https://www.biospace.com/texas-clearcorrect-sold-in-150-million-deal), 2017-08-18: "ClearCorrect, LLC, a leading manufacturer of clear aligners, is pleased to announce their acquisition by the Straumann Group, a global leader in tooth replacement solutions, for a total consideration of approximately $150 million."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.