Spectra emerges from financial restructuring
Spectra Premium Industries, an aftermarket parts supplier supporting sustainable mobility, says it has reached a deal with Turnspire Capital Partners to emerge from financial restructuring.
The company says it will emerge from financial restructuring under the Companies’ Creditors Arrangement Act in the fourth quarter.
(Photo: Spectra Premium)
“The agreement with Turnspire brings new capital investment, a clean balance sheet and financial stability, strengthening our ability to compete as an advanced and robust automotive and heavy-duty parts manufacturer,” said Denis Chabot, President and CEO – Spectra Premium Industries.
“Combining our key operating competencies with Turnspire’s industry experience and focus on operational excellence will allow Spectra to better serve OEM and aftermarket customers with high quality products, most of which are manufactured here in North America.”
- Little Tikes Junior Activity Gym. Climb, Crawl, & Slide, Durable Garden Toy for...
RRP PRICE: £99.99SALE PRICE: £85.00YOU SAVE: £14.99 LITTLE TIKES JUNIOR ACTIVITY GYM – This is the ideal toddler toddler playset to help promote […]
- VTech Baby Feed Me Dino | Musical Baby Toy with Numbers, Counting Music &...
RRP PRICE: £24.99SALE PRICE: £19.99YOU SAVE: £5.00 I’M HUNGRY, CAN YOU FEED ME? This interactive dino friend eats and recognises the food you […]
- LEGO 10955 DUPLO My First Animal Train with Elephant, Tiger, Panda an...
RRP PRICE: £19.99SALE PRICE: £14.99YOU SAVE: £5.00 About this item […]
- Fisher-Price DYM76 Laugh and Learn Sweet Manners Tea Playset, Toddler Role Play...
SALE PRICE: £15.96 “Magical” teapot spout lights up as toddlers pour out the fun Press the music tea bag button on the teapot for more fun […]