Altor Sells PaloDEx to Danaher

Altor, a leading Nordic buy-out fund, today announced that it has signed a definitive agreement to sell PaloDEx to Danaher Corporation. Altor acquired the dental imaging assets from GE as a carve-out of non-core assets in September 2005 and formed a leading dental imaging company named PaloDEx. Jaakko Kivinen, Partner of Altor Equity Partners, commented: “During Altor’s ownership, the objective has been to establish an independent company that can accelerate growth and improve operational efficiency of the dental imaging assets that were non-core operations for GE. As a result of the hard