Instant Brands is Taking Action to Strengthen Financial Position and Support Long-Term Growth

Instant Brands is taking steps to strengthen our company as we continue providing housewares and appliance products under our iconic brands.

On June 12, 2023, Instant Brands and certain of its affiliates initiated a voluntary Chapter 11 process that provides us time and flexibility to continue ongoing discussions with our sponsor, lenders and other financial stakeholders in an effort to achieve a consensual path forward that strengthens our financial position. As part of the process, we will seek the best go-forward outcome for our brands and our business.

As we move through this process, we remain focused on serving and connecting with our consumers around the world, and we are grateful for their trust in us and our products.

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Continuing to Provide for Consumers Across the Globe

We are continuing to provide consumers our iconic brands, innovative products and home goods under the Instant Brands®, Corelle®, Pyrex®, Snapware®, CorningWare®, Visions® and Chicago Cutlery® brands.

During the court-supervised process, Instant Brands will continue:

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Serving our retail partners without interruption
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Inspiring and helping consumers make meals with ease through the official Instant Brands Connect app
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Paying employees and providing benefits
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Working with vendors, suppliers and distributors

Additional Information About the Court-Supervised Process

Instant Brands and certain of its North American affiliates filed voluntary petitions for reorganization under chapter 11 of Title 11 of the United States Code (“Chapter 11”) in the U.S. Bankruptcy Court for the Southern District of Texas.

The Company’s entities located outside the U.S. and Canada are not included in the Chapter 11 filings. As you may know, Chapter 11 is a legal tool in the United States that enables companies like ours to continue operating as they strengthen their financial positions in an efficient and orderly manner.

In connection with the court-supervised process, we have received a commitment of $132.5 million in new financing. Once it is approved by the Court, this new financing, combined with cash generated from our ongoing operations, is expected to support the business during the court-supervised process.


Press Releases

February 22, 2024
Instant Brands Restructuring Plan Confirmed by Court
November 8, 2023
Instant Brands Provides Update on Sale Process for its Appliance Business
October 4, 2023
Instant Brands Receives Court Approval to Sell Business to Centre Lane Partners
August 9, 2023
Instant Brands Obtains Commitment for Additional Financing
June 14, 2023
Instant Brands Provides Update on Court-Supervised Process
June 12, 2023
Instant Brands Takes Action to Strengthen Financial Position and Support Long-Term Growth

Stakeholder Fact Sheet


Retail Partners
Suppliers & Vendors
Former Employees & Retirees


Retail Partners
Suppliers & Vendors
Former Employees & Retirees