Mubadala Investment, the largest sovereign fund in the Middle East, has announced its investment in Osstem Implant, South Korea’s leading dental implant material manufacturer, in collaboration with MBK Partners and Unison Capital.
Established in 2002 by Abu Dhabi, Mubadala is a state-owned investment company. Along with Abu Dhabi Investment Authority (ADIA) and the Investment Corporation of Dubai (ICD), it ranks as one of the UAE’s top three sovereign wealth funds. With managed assets totaling US$284.4 billion, Mubadala ranks 13th among global sovereign funds.
Mubadala confirmed its investment in Osstem Implant through an official announcement on its website. Luca Molinari, Mubadala’s head of Asia, stated, “We see many attractive opportunities in the Korean market and have been deeply impressed by the quality of Osstem Implant’s equity partners and management. We look forward to supporting Osstem Implant in its next phase of growth.”
Founded in 1997, Osstem Implant ventured into the implant business in 2000 by acquiring Sumin Comprehensive Dental Materials, South Korea’s first implant manufacturer. Since then, the company has seen significant growth. It currently ranks as the top implant company in the Asia-Pacific market by sales and holds the fourth position globally in terms of revenue but leads in volume of sales.