Thuasne, the French specialist in medical devices, has announced the acquisition of Knit-Rite, a U.S. company specialized in medical textiles, and its Therafirm division, dedicated to compression. Founded in 1847, Thuasne is a family-owned business. The company develops and manufactures medical devises and health solutions in the fields of orthopedics, medical compression, home care and sport. Today, Thuasne has 15 subsidiaries in Europe, the U.S. and Asia, and is present in 85 countries. The acquisition of Knit-Rite and its Therafirm division reinforces its position in the U.S., which initiated with the acquisition of Townsend Design in 2011, and then of Quinn Medical in 2016. In addition, this new acquisition will allow Thuasne to open up to a new market for orthopedic prothesis devices such as post-amputation prosthetic socks and prosthetic textile interfaces, the company said. The transaction was closed on Dec. 31, 2020.