# Thuasne acquires Knit-Rite and its Therafirm Division

Thuasne, a French medical devices company, acquired Knit-Rite and its Therafirm Division, a Hamlet, North Carolina-based manufacturer of compression hosiery. The transaction closed on December 31, 2020.

- Type: Acquisition
- Announced: 2021-01-11
- Where: Hamlet, North Carolina, United States
- Status: completed
- Products: compression hosiery, medical textiles
- Sectors: [Industrial Textiles](https://endata.com/sectors/industrial-textiles.md), [Medical Devices](https://endata.com/sectors/medical-devices.md)

## Companies

- [Thuasne](https://endata.com/companies/52435.md) (acquirer)
- [Knit-Rite](https://endata.com/companies/52436.md) (target)
- [Therafirm](https://endata.com/companies/52437.md) (target)

## Sources

- [richmondobserver.com](https://richmondobserver.com/stories/thuasne-acquires-hamlet-medical-textile-manufacturer-therafirm,11969), 2021-01-11: "This acquisition confirms the ambition for the Thuasne Group to have a global presence in both the phlebology and lymphology treatment categories."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.