Announced
Completed
Financials
Tags
Acquisition
United States
Household Equipment and Products
Private Equity
Domestic
Majority
Private
Friendly
household appliances
Single Bidder
Completed
Synopsis
Centre Lane Partners, a private equity firm, completed the acquisition of housewares and appliance businesses from Instant Brands, a company selling a range of kitchen appliances. Financial terms were not disclosed. "We believe our Company's sale to Centre Lane Partners represents the best path forward for our customers, retail partners, suppliers and employees. Through this process, we have found a great solution to fix our unsustainable capital structure that allows our business to continue driving innovation through our portfolio of iconic brands for consumers around the world," Ben Gadbois, Instant Brands President and CEO.
Search a database of more than 250,000 verified dealmakers
Receive automated updates on global transactions
Follow the activity, relationships and transactions of top dealmakers
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.