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.
As an industry, are we missing a huge opportunity to take advantage of another aspect of the human-pet bond?
Read more of Dr. Mukund Parthasarathy's insights on the changing petfood retail market and how it affects petfood manufacturers large and small
Now is the time for packagers, producers, marketers and manufacturers to capitalize on the traveling with pets trend
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