January 2011

Thuasne expands American presence with acquisition of Townsend Design

Bakersfield, CA-based Townsend Design was acquired in January by the wholly-owned North American subsidiary of French orthopedic soft-goods manufacturer Thuasne.

Thuasne (pronounced Two Ann) leads the European market in the fabrication and distribution of elastic bandages, non-rigid braces and compression garments for the health care sector. Thuasne’s existing products and textile manufacturing capabilities in Europe will be complemented by Townsend’s U.S. fabrication facility and diverse range of rigid orthopedic braces for patients with injuries or mobility challenges.

Thuasne plans to sell Townsend’s bracing products through its 15 company-owned European subsidiaries and more than 30 exclusive distributors in Asia, Africa, the Middle East, and Europe. Townsend will become the business platform for Thuasne North America in the U.S. and Canada.

“It was the ideal scenario for taking Townsend to a new level without significant changes to our existing operations or the potential loss of people who have contributed to Townsend’s success,” said Rick Riley, Townsend’s chief executive officer, who will continue to oversee the company’s operations. “We believe Thuasne will allow us to stay true to our mission and values.”

Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.