NORWELL, Mass.--(EON: Enhanced Online News)--Carex® Health Brands is pleased to announce the acquisition of the ThermiPaq Hot & Cold Therapy brand along with other associated assets from the Thermionics Corporation of Springfield, IL. Founded in 1990, Thermionics has built the ThermiPaq Hot & Cold brand into the leader of the clay hot/cold product category with its patented technologies.
“I am pleased to hand over the reins to a company which shares my passion for improving the well-being of others.”
“We have always admired the ThermiPaq brand and its leadership in the clay hot/cold segment,” said Matt McElduff, president of Carex Health Brands. “The ThermiPaq products are a perfect fit for the Carex portfolio of hot/cold brands including the market-leading Bed Buddy® moist heat ThermaTherapy® brand and our TheraMed brand. This acquisition further solidifies our leadership in the market and allows Carex to improve service to our existing customers through an expanded hot/cold portfolio.”
“Carex Health Brands has long been respected for many of the same values as ThermiPaq, including quality, value and integrity,” added Gregg Harwood, founder of Thermionics. “I am pleased to hand over the reins to a company which shares my passion for improving the well-being of others.”
Carex Health Brands markets its products under the Carex, Apex, Bed Buddy and TheraMed brand names. The company’s brands have achieved broad customer awareness in the marketplace and are used by home care patients, the mobility challenged, senior citizens, and members of the general public. Carex is the market leader in branded home medical equipment sold through the drug store chains, mass merchants, DME dealers and grocery retailers. In addition, Carex offers one of the broadest product lines in hot/cold pain therapy and medication compliance aids. Carex products are also fully stocked in the drug wholesalers who service this retail market. Please visit www.carex.com for more information or contact: Jeff Swain, Director of Marketing and Communications, Carex Health Brands (781-871-2710).