Conair Buys Cuisinarts Product Line: Conair Corp....
From Times Staff and Wire Service Reports
Conair Buys Cuisinarts Product Line: Conair Corp. has purchased Cuisinarts Inc.’s product lines for an undisclosed price. The transaction also included the purchase of trademarks, patents, inventory and equipment of the world-famous food-processor maker. The purchase came five months after Stamford, Conn.-based Cuisinarts Inc. filed for protection from creditors under Chapter 11 of the U.S. Bankruptcy Code. The case remains pending in U.S. Bankruptcy Court in Hartford, Conn. Cuisinarts officials have blamed the company’s financial troubles on a failure to capitalize on its famous name by using it on other products.
FO, Cuisinart
