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SUGAR LAND, TX-Comerica Bank has foreclosed and sold Henley Healthcare Inc.’s US operations at 120 Industrial Blvd. in Sugar Land. The operator owes $5.2 million, according to the bank.

Henley is a manufacturer, provider and marketer of pain management products. Earlier this year, it had been reported that Comerica Bank had sold Henley’s operating assets for $900,000. The Sugar Land facilities have been sold for $2.3 million. Comerica additionally plans to foreclose and sell the operations in Belton, TX.

Henley has ceased doing business in Texas, but a review of financial information shows a subsidiary of Henley, Enraf-Nonius B.V. Enraf-Nonius, a Delft, Netherlands-based producer and supplier of physiotherapy and active rehabilitation products, is still in business under the leader of Henley executive, Len de Jong. Henley currently is seeking to restructure its outstanding debt to Comerica, Maxxim Medical, Preferred Stockholders and Vendors. If the sale of the company’s assets doesn’t repay its debts, Henley plans to file for federal bankruptcy.

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