India, Feb. 11 -- Dental tech startup toothsi's parent makeO has signed an agreement to acquire Singapore-based oral care brand Zenyum for an undisclosed amount.
Once materialised, the deal will position toothsi as a pan-Asian player in clear aligners, orthodontics, and oral care. As part of the deal, Zenyum will become a subsidiary of makeO, with group headquarters based out of Mumbai.
However, the transaction is still subject to customary closing conditions and regulatory approvals.
While makeO cofounder Arpi Mehta will continue as the group CEO, Zenyum cofounder Julian Artope will remain the Singapore-based entity's chief executive. Zenyum's Southeast and North Asia operations will continue to be run from Singapore.
In a statement,...
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