Instant Brands announced it has completed the sale of its appliance business, including the Instant Pot brand, to an affiliate of Centre Lane Partners. Instant Brands, which filed for Chapter 11 protection in June of 2023, reported in early October the U.S. Bankruptcy...
Instant Brands announced that, following a comprehensive sale process and competitive auction, the United States Bankruptcy Court for the Southern District of Texas approved the company’s pursuing the sale of its housewares and appliance businesses to affiliates of...
Instant Brands, operating under Chapter 11 bankruptcy protection, announced it received a commitment for an additional $30 million in new term loan financing from its existing lenders, increasing the amount of the term loan credit facility received by the company...
Instant Brands has initiated a voluntary Chapter 11 bankruptcy process, the company announced, intended to give it the time and flexibility to continue ongoing discussions with financial stakeholders to strengthen the financial position of the business. In connection...
Instant Brands awarded new cars to five employees as part of a program celebrating the company’s plant and distribution center staff commitment during COVID-19. Instant Brands develops and markets small appliances and housewares under such brands as Instant Pot,...
