Corelle Brands LLC
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Corelle Brands LLC - overview
Established
1915
Location
Downers Grove, IL, US
Primary Industry
Consumer Products
About
Based in the US, Corelle Brands LLC formerly known as World Kitchen is a kitchen appliance company known for products like Instant Pot, Pyrex, and Corelle. Based in Illinois, US, and founded in 1915, Corelle Brands LLC formerly known as World Kitchen, provides kitchenware products for the consumer goods industry. In March 2019, Corelle Brands LLC, a portfolio company of Cornell Capital, merged with Instant Brands Inc. Following the transaction, Ken Wilkes and Robert Wang will serve as Chief Executive Officer and Chief Innovation Officer of Corelle Brands LLC.
Corelle Brands serves global household consumers through a portfolio of products used across food preparation, cooking, serving, and storage. Its brands include Corelle, Pyrex, Snapware, CorningWare, Chicago Cutlery, and Visions. The company develops consumer-oriented kitchenware solutions designed to enhance daily cooking and dining. The business provides kitchenware products, food preparation solutions, and serving solutions.
The company’s revenue is generated by the manufacturing and sale of kitchenware and houseware products under its portfolio of brands. These products are distributed globally through retail, e-commerce, and other sales channels, supporting consumer demand for cooking, serving, and food storage solutions.
Current Investors
Caird Capital, Cornell Capital
Primary Industry
Consumer Products
Sub Industries
Household Appliances
Website
www.corporate.corellebrands.com
Verticals
E-commerce
Company Stage
Buyout
Total Amount Raised
Subscriber access only
Corelle Brands LLC - financials
| Fiscal Year Ended | Apr 19, 2016 |
|---|---|
| Revenue (USD) | - |
| % Revenue Growth (YoY) | - |
| EBITDA (USD) | - |
| Operating Income (USD) | - |
| Operating Margin | - |
| % EBITDA Margin | - |
| NET Income (USD) | - |
| % Net Margin | - |
Corelle Brands LLC - deals
| Deals Type | Deal Status | Target (s) | Deal Date | Investor(s) | Seller(s) | Deal size (Mn) | Enterprise value (Mn) | Post-money valuation (Mn) | EBITDA multiple (x) | Revenue multiple (x) | Lead partner (s) |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Add-on | Completed | Revere Ware Brand | - | ||||||||
| Secondary Buyout | Completed | Instant Pot Brands | - | ||||||||
| Bankruptcy/Write-off | Completed | Corelle Brands LLC | - | ||||||||
| Add-on | Completed | Instant Pot Brands | - | ||||||||
| Secondary Buyout | Completed | Corelle Brands LLC | - |
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Corelle Brands LLC - employee data
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