--- title: "SDI's Stock Pops as China's Sinocera Plans to Buy Australian Dental Materials Firm for USD110 Million" type: "News" locale: "en" url: "https://longbridge.com/en/news/277428719.md" description: "Shares of SDI surged over 45% to AUD1.28 after announcing its acquisition by China's Sinocera for AUD166 million (USD109.6 million). Sinocera will purchase SDI shares at AUD1.40 each, a 56% premium. SDI's board supports the deal, which aims to enhance global competitiveness in dental materials. The acquisition is pending regulatory approval in Australia and China. SDI reported AUD110 million in revenue and AUD13.1 million in net profit for the fiscal year ending June 30, 2025." datetime: "2026-03-02T08:22:31.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/277428719.md) - [en](https://longbridge.com/en/news/277428719.md) - [zh-HK](https://longbridge.com/zh-HK/news/277428719.md) --- # SDI's Stock Pops as China's Sinocera Plans to Buy Australian Dental Materials Firm for USD110 Million (Yicai) March 2 -- Shares of SDI skyrocketed after the Australian supplier of dental restorative materials said it is being acquired by Chinese ceramic materials giant Sinocera Functional Material for AUD166 million (USD109.6 million). SDI \[ASX: SDI\] closed up over 45 percent at AUD1.28 (90 US cents) today. Meanwhile, Sinocera's stock rose 0.7 percent to CNY38.51 (USD5.59) today, after hitting a four-year high of CNY39.65 following a 28 percent gain in the past five trading days. Sinocera will buy all SDI shares for AUD1.40 apiece, a premium of 56 percent to the target company's 30-day volume weighted average price up to and including Feb. 27, the pair announced in separate statements on Feb. 27. SDI's largest shareholder, an entity controlled by the firm's Chairman Jeffery James Cheetham, which holds 46 percent of SDI's issued ordinary shares, has confirmed its intention to vote in favor of the scheme, SDI said, adding that its board unanimously recommends that shareholders vote in favor as well. "The acquisition of SDI by Sinocera will unite two highly complementary businesses to create a stronger, more globally competitive platform in advanced dental materials," SDI noted. "By combining SDI's long-standing innovation capabilities, trusted brand portfolio, and deep relationships across key markets with Sinocera's leading functional materials expertise, manufacturing scale, and significant investment capacity, the combined group can unlock meaningful synergies," SDI pointed out. "The combined group will benefit from enhanced global reach, an expanded research and development capability and joint expertise." The transaction remains subject to approval from relevant regulatory authorities in both Australia and China, the two companies added. Melbourne-based SDI is a leading manufacturer and global distributor of professional dental materials, mainly engaging in the research, development, production, and sales of a full range of restorative dental products, which are all made in the Australian state of Victoria and sold to more than 100 countries and regions worldwide, according to Sinocera's statement. SDI posted AUD110 million in revenue and AUD13.1 million (USD8.6 million) in net profit in the fiscal year ended June 30, 2025, with net assets of AUD103 million. Editor: Futura Costaglione ### Related Stocks - [SDI.AU](https://longbridge.com/en/quote/SDI.AU.md) - [300285.CN](https://longbridge.com/en/quote/300285.CN.md) ## Related News & Research - [A Look At Treasury Wine Estates (ASX:TWE) Valuation After Olivier Goudet Increases His Stake](https://longbridge.com/en/news/286701597.md) - [Aristocrat Leisure (ARLUF) Gets a Buy from Macquarie](https://longbridge.com/en/news/286332272.md) - [Morgans Keeps Their Hold Rating on Worley Limited (WYGPF)](https://longbridge.com/en/news/286484609.md) - [Jefferies Sticks to Their Buy Rating for Home Consortium Ltd (HMC)](https://longbridge.com/en/news/286676723.md) - [Shaw and Partners Reaffirms Their Buy Rating on Wisr Ltd. (WZR)](https://longbridge.com/en/news/286688085.md)