Therapearl Acquired by Performance Health

“Therapearl brings proven strength and additional scale to our emerging retail business,” stated Marshall Dahneke, president and chief executive officer, Performance Health. “The alignment for us is both natural and exciting as Performance Health is well positioned to introduce and promote Therapearl's unique portfolio more broadly while

 

Therapearl's emphasis on resolving pain and promoting wellness is entirely aligned with our other key brands. Combining their strengths and momentum with the rest of our business will lead to better and more comprehensive solutions for all of the customers we serve.”

Therapearl will continue to operate from their headquarters in Maryland.

“In just six years, Therapearl has experienced substantial growth by developing a successful product pipeline that appeals to both retailers and consumers,” said Therapearl President Daniel Baumwald. “As part of Performance Health, we hope to continue that growth by gaining greater access to channels that reach the healthcare practitioner community.”

Founded in 2008, Therapearl creates hot and cold therapy products using its proprietary Pearl Technology. Based on the frozen peas concept, Therapearl products can be chilled or heated and conform to the body while providing the doctor-recommended 20 minutes of hot/cold therapy. The products are available at most major retailers throughout the U.S. and Canada, including Wal-Mart, Rite Aid, Kroger, Dick's Sporting Goods, and most recently, Target.

Headquartered in Akron, Ohio, Performance Health design, manufactures and markets branded rehabilitation and wellness products sold into a variety of U.S. clinical markets, leading national retailers and in over 60 countries through a multi-national network of distribution partners. Its products include topical analgesics and a broad range of rehabilitation and wellness products.