Affiliates of Centre Lane Partners enter into agreements to acquire housewares business and appliance business from Instant Brands
Client(s) Centre Lane Partners, LLC
Jones Day is advising affiliates of Centre Lane Partners in the acquisitions of the housewares business and the appliance business from Instant Brands, maker of Instant Pot®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery®.
Following a comprehensive sale process and competitive auction, the U.S. Bankruptcy Court for the Southern District of Texas approved Instant Brands pursuing the sale of its housewares and appliance businesses to affiliates of Centre Lane Partners.