Ronco Corp., makers of the legendary Veg O-Matic and Pocket Fisherman, has announced it will sell its assets to a private equity firm, according to an article running today in the Los Angeles Times. The sale was approved yesterday by the U.S. Bankruptcy Court in Woodland Hills. The Simi Valley-based Ronco is now in the hands of Marlin Equity Partners. We can only hope the company will return the maker of innovative and usual kitchen and other products to its former glory days.
Friday, August 3, 2007
IT SLICES...IT DICES...AND NOW A BANKRUPTCY COURT WILL DO THE REST
Ronco Corp., makers of the legendary Veg O-Matic and Pocket Fisherman, has announced it will sell its assets to a private equity firm, according to an article running today in the Los Angeles Times. The sale was approved yesterday by the U.S. Bankruptcy Court in Woodland Hills. The Simi Valley-based Ronco is now in the hands of Marlin Equity Partners. We can only hope the company will return the maker of innovative and usual kitchen and other products to its former glory days.
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