Waco, TX-based Spenco Medical Corporation in July announced that four of its executives have purchased the company’s footwear and Silicore assets in the wake of the sale of its insole and 2nd Skin first aid lines to Durham, NC-based Implus.
Spenco reps will provide customer service for all Spenco products at least until the end of August, said Jeff Antonioli, current VP of sales and marketing and one of the new owners of the footwear and Silicore business.
The other new owners are Brad Granger, current VP of business development; David McKown, current CFO; and Nancy Muhlman, current VP of operations.
Since launching the footwear division six years ago, sales of Spenco shoes, sandals, and slides have delivered double-digit increases every year, said Antonioli.
All footwear will continue to incorporate Spenco’s Total Support foot bed design and a cushioned heel, deep heel cupping, orthotic arch support, metatarsal dome, and a cushioned forefoot.
The Silicore line includes foot pillows and other therapeutic padding products.