Private-equity firm Kinderhook Industries LLC sold the parent and operating companies of Absorption Corp., an American manufacturer of cellulose-based absorbent products for pets, to manufacturing company J. Rettenmaier & Söhne Group.
Absorption Corp., a company of Kinderhook since 2010, includes the pet care brands CareFRESH, Healthy Pet and CritterCare. JRS, a manufacturer of pet care products like litter and bedding, will use Absorption Corp. as a platform for consumer products growth in North America.
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
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