Norwell, M.A., June 1, 2011 - Carex Health Brands, a global leader in the development, manufacturing and retailing of in-home health products for more than two decades, is pleased to announce the opening of new corporate headquarters in Boston, MA.
Reflecting the company's growth and development, the new East Coast headquarters support the expansion of Carex's marketing team, an initiative planned to increase brand building efforts and double new product development.
The company's home healthcare product lines reach a broad customer base spanning the following areas: medication compliance, home medical equipment, bathroom safety products, aids to daily living, mobility support, and pain management through reusable hot/cold products featuring Moist Heat ThermaTherapy®.
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Carex's rapidly growing brands include: Carex, Apex, Bed Buddy, TheraMed, Enablers® and VitaSystem®. The company's product lines are sold through national retail FDM chains across the U.S. and in Canada, leading pharmaceutical wholesalers, and durable medical equipment dealers.
"We strive to produce high-quality and innovative products that bring convenience, dignity and ease of use to a range of consumers," shared Matt McElduff, president of Carex Health Brands. "With the move to Boston, we are ramping up our team of driven and creative marketing professionals to elevate Carex Health Brands to an entirely new level of growth and success."
Aging baby boomers make the demographics for in-home healthcare products increasingly prominent, with sales in this sector projected at 7-9% CAGR through 2011 and growing thereafter. In a highly competitive landscape, Carex is the #1 market share leader in medical accessories and the reusable hot/cold therapy category, based on syndicated data.
Carex Health Brands is a portfolio company of Ancor Capital Partners. In addition to its headquarters in Boston, MA, the company holds an office in Sioux Falls, SD. The Boston Corporate Headquarters is based at 600 Cordwainer Drive, Norwell, MA 02061. For more information, please visit www.carex.com or call 800-328-2935.
