Happi Staff01.08.20
High Ridge Brands Co. has filed for voluntary Chapter 11 bankruptcy and is pursuing sale of the company. High Ridge's portfolio includes Zest soap, Alberto VO5 hair care products, and the Reach toothbrush.
High Ridge says the company's U.K. business operations are not included in the bankruptcy filing. High Ridge has received a commitment of $20 million debtor-in-possession financing, and the company says it has enough liquidity to continue with business obligations including making deliveries in full and paying suppliers.
High Ridge says the company's U.K. business operations are not included in the bankruptcy filing. High Ridge has received a commitment of $20 million debtor-in-possession financing, and the company says it has enough liquidity to continue with business obligations including making deliveries in full and paying suppliers.