Source: Implus
(DURHAM, N.C.) – Sept. 5, 2017 – Implus, a provider of footcare, athletic, fitness, and outdoor accessories, today announced the opening of Implus Canada, the company’s first sales and distribution center in North America outside of their U.S.-based corporate headquarters in Durham, North Carolina.
The day-to-day operations at the 53,000-square-foot Implus Canada facility will be led by General Manager Rob Gumieniak, with Brian Anderson appointed as Canadian National Sales Manager. Implus Canada operations are underway, effective today, and will house the entire Implus accessories roster and focus on growing those brands within Canada.
“U.S. retailers have long enjoyed the ease of our ‘One Stop Shop’ program, which maximizes supply chain efficiency and offers consolidated shipping from one central location,” said Implus CEO Seth Richards. “We can now facilitate that program on Canadian soil from start to finish – sales to distribution – with swift execution and a diverse product base.”
In 2016, Implus announced the acquisition of the Spenco® insole and 2nd Skin® medical adhesive assets of Spenco Medical Corporation and absorbed Spenco’s Canadian operation. That operation has now grown into Implus Canada and houses all of Implus’s footcare portfolio, including Spenco®, Sof Sole®, apara®, Airplus® and Sof Comfort®, and other Implus athletic, fitness and outdoor accessories.
About Implus
Headquartered in Durham, North Carolina, Implus is an innovative provider of products ranging from footcare and seasonal accessories to fitness and recovery solutions. Implus’s brand family includes Sof Sole®, Balega®, Yaktrax®, apara®, Airplus®, Sneaker Balls®, Sof Comfort®, Little Hotties®, Penguin®, Perfect Fitness®, ICETrekkers®, FitDeck®, DryGuy®, TriggerPoint®, Harbinger®, FuelBelt® and Spenco®. Implus proudly distributes to over 75,000 retail outlets across North America and in 70 countries worldwide. For more information, please call 800-446-7587 or visit www.implus.com.
About Berkshire Partners
Berkshire Partners, a Boston-based investment firm, has raised nine private equity funds with more than $16 billion in aggregate capital and has made more than 115 investments in primarily middle market companies since its founding in 1986. Berkshire has developed specific industry experience in several areas including consumer products and retail, business services, industrials, communications and transportation. Berkshire has a strong history of partnering with management teams to grow the companies in which it invests with the goal of consistently achieving superior investment returns. The firm is currently investing from Berkshire Fund VIII, a $4.5 billion fund raised in 2011. In March 2016, Berkshire completed fundraising for Fund IX, which has $5.5 billion in commitments. The firm seeks to invest $50 million to $500 million of capital in each portfolio company. For additional information, visit www.berkshirepartners.com.
