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Performance Health

Company; medical and physical therapy supply manufacturing company


Company; medical and physical therapy supply manufacturing company

FieldValue
namePerformance Health
former_nameHygenic Corporation
typePrivate
foundation1925 (Hygenic)
founderChris Cox, Craig Cox , Perry Isenberg
locationWarrenville, Illinois, U.S.
locations15
area_servedWorldwide
industryManufacturing
products{{Plainlist
revenueNA
ownerMadison Dearborn Partners
num_employees1200 (2023)
homepagewww.performancehealth.com
footnotes
  • Dyna-Band
  • Aquafins
  • Parabath
  • Hygenic

Performance Health is a medical and physical therapy supply manufacturing company head-quartered in Illinois, United States. The company is a merge of two companies: Performance Health Inc, which originated in Export, Pennsylvania and Hygenic Corporation which originated in Akron, Ohio. They manufacture and deliver products for the healthcare industry, such as mobility and physical therapy equipment, diagnostic tools, and pain relief products.

History

Hygenic Corporation was founded in 1925 by Walter P. Keith. They originated the Thera-Band, Dyna-Band, Parabath, and Hygenic products.

In 2006, Hygenic bought Performance Health Inc., a company from Export, Pennsylvania that makes the Biofreeze topical analgesic and the Prossage warming massage ointment.

Hygenic has changed hands several times being bought and sold by private equity firms.

In 2016, Hygenic / Performance Health was acquired by Patterson Medical. Its headquarters was moved to Warrenville, Illinois, but its facilities at Akron, Ohio and Cuyahoga Falls, Ohio were retained.

In 2018, the National Basketball Association (NBA)'s Portland Trail Blazers selected Biofreeze as their jersey patch sponsor.

In 2021, the Biofreeze and TheraPearl brands were sold to the English consumer goods company Reckitt.

References

References

  1. "Contact Customer Service - Performance Health".
  2. "What We Sell | Everything You Need in One Place, Curated by Experts | Performance Health".
  3. (January 2006). "Hygenic Corp. Acquires Performance Health". Message Magazine.
  4. (August 2008). "Company Overview.".
  5. (25 May 2006). "Hygenic acquires Performance Health".
  6. (22 May 2006). "Hygenic Announces Acquisition of Performance Health, Inc., Manufacturer of Biofreeze(R) Products".
  7. (August 28, 2000). "Key Equity buys Hygenic Corp.". Crain's Cleveland Business.
  8. (February 23, 2004). "Hygenic changes investment firm hands". Crain's Cleveland Business.
  9. (April 23, 2007). "Baird buyout unit sells Hygenic Corp.". The Business Journal of Milwaukee.
  10. (31 May 2016). "Performance Health acquired by Patterson Medical".
  11. (September 19, 2018). "Trail Blazers, Performance Health Announce Multi-Year Partnership Including Biofreeze Jersey Patch". NBA Media Ventures, LLC.
  12. Freeman, Joe. (September 20, 2018). "Portland Trail Blazers sign jersey patch sponsorship deal with Biofreeze". [[The Oregonian]].
  13. Cowley, Jared. (September 19, 2018). "Trail Blazers will have Biofreeze sponsor patch on jerseys". [[KGW]].
  14. (July 21, 2021). "Reckitt Announces Completion of Biofreeze Acquisition". Reckitt.
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This article was imported from Wikipedia and is available under the Creative Commons Attribution-ShareAlike 4.0 License. Content has been adapted to SurfDoc format. Original contributors can be found on the article history page.

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