
Herbert Smith Freehills Kramer (HSF Kramer) is pleased to be advising Shandong Sinocera Functional Material Co., Ltd. (300285.SZ) (Sinocera) on its proposed A$166m acquisition of SDI Limited (ASX: SDI) (SDI).
Sinocera recently announced that it has entered into a scheme implementation deed for the acquisition of 100% of SDI by way of a scheme of arrangement.
The acquisition, once implemented, will establish a major global player in dental materials. It combines SDI’s strong innovation capabilities and market presence with Sinocera’s leading and highly regarded functional materials and manufacturing expertise to create a more competitive, globally focused dental materials business.