We consider a generalized type of unique factorization of the positive integers with restrictions on the exponents and view them as a family of arithmetic convolutions and divisibility relations, similar to the convolutions defined by Narkewicz [On a class of arithmetical convolutions, Colloq. Math. 10 (1963) 81–94]. We introduce special types of multiplicativity corresponding to these convolutions, and discuss algebraic properties of the associated arithmetic convolutions and analogs of the Möbius functions. We also prove asymptotics for analogs of the totient function, totient summatory function, and divisor summatory function.