JRS acquires Absorption Corp.

Absorption Corp., an American manufacturer and marketer of cost-effective cellulose-based absorbent products for pets and industrial applications, has announced that private equity firm Kinderhook Industries LLC (Kinderhook) has sold its parent and operating companies privately to multinational manufacturing company J. Rettenmaier & Söhne Group (JRS). The financial terms of the transaction were not disclosed. Absorption Corp had been a portfolio company of Kinderhook since 2010. The company is well-known to consumers and customers for its range of pet care brands “CareFRESH”, “Healthy Pet” and “CritterCare”, which are sold through pet speciality, mass merchandiser and grocery retailers. The company’s portfolio of premium pet care products is marketed throughout North America, Europe and Asia and includes a complete range of small animal bedding, food, habitats, and enrichment as well as a rapidly growing line of natural cat litter. JRS is a leading global manufacturer of sustainable, plant-based fibres. It operates 23 facilities serving the pet care, food, nutrition, pharmaceutical, chemical and construction industries in 19 countries. JRS’s pet care offerings include both pet litter and pet bedding products. It is well known in Europe for its top-selling Cats Best® line of natural cat litters. J. Rettenmaier & Sohne regards Absorption Corp as a platform for consumer products growth in North America.