Carex acquires ThermiPaq
NORWELL, Mass. – Carex Health Brands has acquired the ThermiPaq Hot & Cold Therapy brand and other assets from the Springfield, Ill.-based Thermionics Corp., according to a Nov. 4 news release. Carex offers hot/cold pain therapy, including the Bed Buddy moist heat ThermaTherapy and TheraMed brands, and home medical equipment. “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,” stated Matt McElduff, president of Carex Health Brands, in the release.