Dental Corporation runs 190 clinics in the two countries and employs more than 560dentists.
The move comes after Bupa’s announcement in July that it would pump millions into developing its dentistry business in the UK with a target of running more than 60 centres across this country up from its present 11.
Bupa is paying £244 million for all shares in Dental Corporation and will pay a further £47 million over thenext three years to the management and dentists.
Dean Holden, managing director of Bupa Australia and New Zealand, commented: “We’re really excited by this acquisition and look forward to working with Dental Corporation’s management team and its dentists to build on their track record of growth and success.
“Bupa already provides dental services to many thousands of people in a number of countries, and we see this acquisition as being core to our future ambition, and to bringing our purpose — longer, healthier, happier lives — tomore people.”
In Spain, a €70 million (£57 million) investment in Bupa’s dental business will take the company’s Spanish dental network to 200 dental centres by 2014
