Singapore-based consumer dental firm Zenyum and India’s MakeO Toothsi said on Wednesday they plan to merge in a deal aimed at creating what they called Asia’s leading consumer dental company, expanding reach from the Middle East to Japan as demand rises for tech-enabled orthodontics and oral care.
The companies said the transaction is expected to complete by the end of February 2026, subject to customary approvals, and will combine clear aligners, digital dental solutions and a wider range of oral-care products delivered through both online and physical channels.
Zenyum chief executive Julian Artopé said the tie-up is effectively a “merger of equals”, with both businesses operating on similar topline levels, while being complementary in geographic footprint.
The companies did not disclose financial terms and said they could not comment on valuation or the post-merger ownership split.
Under the deal structure, Zenyum will merge into MakeO’s Indian holding company, which will house the combined group’s subsidiaries, including Zenyum.
MakeO’s Mumbai headquarters will serve as the headquarters for the combined entity, while Zenyum will continue to run its Southeast and North Asia operations from Singapore.
MakeO’s Arpi Mehta will remain CEO of the joint MakeO group, while Artopé will continue as CEO of Zenyum.
The combined group will operate across markets including India, Taiwan, Japan, Hong Kong, Singapore, Malaysia, Vietnam, Saudi Arabia, Qatar and the United Arab Emirates, and will focus on scaling product access and clinic partnerships while pursuing supply-chain and technology synergies, Artopé said.
In India, Toothsi has about 500 partner doctors and over 50 dental centres, while Zenyum has about 600 doctor partners, bringing the combined network to nearly 1,100 partner doctors, according to Reuters.
Artopé added the group expects efficiencies “especially on the supply chain side” and plans to lean on technology, including AI, as it expands. He said an eventual India listing could be a longer-term option, depending on execution and growth following integration.
Business News Asia
