KANATA, Ont. — The company that makes the Instant Pot kitchen appliance has signed a definitive agreement to merge with Corelle Brands LLC.
The Ottawa-based Instant Brands and Corelle did not disclose financial terms of the transaction, which is expected to be completed during the second quarter of this year. Corelle’s chief executive officer Ken Wilkes will serve as the top executive of the combined company.Instant Brands, which Wang founded in 2009, will retain its Ottawa headquarters.
Corelle, which is headquartered in Rosemont, Ill., manufactures and markets multiple houseware brands, including Pyrex.
And down goes quality.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Nigeria Nigeria Latest News, Nigeria Nigeria Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Instant Pot maker announces merger with kitchenware giant Corelle BrandsInstant Pot, a Canadian invention, has become a smash success with home cooks looking to make fast easy meals.
Source: VancouverSun - 🏆 49. / 61 Read more »
Gap Canada stores to be included in North American closures: parent companyThe parent company of retailer Gap says it will close some stores in Canada as part of a global plan to shutter almost half of the brand's locations over the next two years.
Source: CTVNews - 🏆 1. / 99 Read more »
Drug company that makes OxyContin considering bankruptcy as wave of litigation threatens to rival Big Tobacco’sAccused of contributing to the deadly opioid crisis sweeping the continent Big Pharma going down? Oh ya and here’s An signing it’s own death certificate jumping into weed heavily while claiming bank Ruptly only Media’s jumping jack flash dropping blues clues children’s Bayer A silver linings play book of Herbal remedies human reject Canada’s refugees What’s causes cancer is suddenly doing a Von trap family day adieu Waters Costs begins prostatectomy cancers a chemo
Source: nationalpost - 🏆 10. / 80 Read more »