A Totowa-based retailer of caregiving products for the aging has been acquired by an Italian incontinence, surgical and orthopedic products company, it announced this week.
The combination of Parentgiving Inc. and Santex SPA has been in the works since June 2020, and the companies have spent the past year integrating operations and developing an expanded portfolio of Parentgiving’s incontinence products, Parentgiving said in a news release.
“Since 2008, Parentgiving’s mission has been to help people provide better care for their aging parents, with a particular focus on incontinence needs,” CEO David Spain said in a prepared statement. “Now, powered by Santex’s Italian manufacturing expertise, craftsmanship and product innovation, we can offer a range of world-class incontinence products under our Dry Direct brand, which in two years has grown exponentially.”
Financial terms of the transaction were not disclosed.