M&A Deal Summary

Foundation Wellness Acquires CURREX

On May 11, 2023, Foundation Wellness acquired distribution company CURREX

Acquisition Highlights
  • This is Foundation Wellness’ 1st transaction in the Distribution sector.
  • This is Foundation Wellness’ 1st transaction in Germany.

M&A Deal Summary

Date 2023-05-11
Target CURREX
Sector Distribution
Buyer(s) Foundation Wellness
Deal Type Add-on Acquisition

Target

CURREX

Hamburg, Germany
CURREX distributes high-performance insoles for athletes and active individuals, using innovative technology to tailor insoles to the user’s specific needs. CURREX was founded in 2000 and is based in Hamburg, Germany.

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Buyer(S) 1

Buyer

Foundation Wellness

Wadsworth, Ohio, United States

Category Company
Founded 1934
Sector Consumer Products
DESCRIPTION

Foundation Wellness is a specialty designer and manufacturer of branded and private label orthotic solutions, including footbeds/insoles, foot care products, orthopedic braces, sports support, and ergonomic safety products. Foundation Wellness was founded in 1934 and is based in Wadsworth, Ohio.


DEAL STATS #
Overall 2 of 2
Sector: Distribution M&A 1 of 1
Type: Add-on Acquisition M&A Deals 2 of 2
Country: Germany M&A 1 of 1
Year: 2023 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-02-08 Doctor Hoy’s

Apache Junction, Arizona, United States

Doctor Hoy’s manufactures natural, pain-relieving topical gels manufactured in the USA. Relief for aches and pains associated with sore muscles and backaches caused by physical exertion, athletic competition, or everyday stress and strains. Doctor Hoy’s was founded in 2001 and is based in Apache Junction, Arizona.

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