Norwood Issues Press Release on Chapter 11 Filing
“We are pleased to have Aurora as our partner for the long term,” added Lage. “Their vision, values and strategies are aligned with Norwood’s direction. Their tremendous experience and knowledge of the industry will immediately benefit our customers and enhance our opportunities going forward.”
Aurora Resurgence invests in middle market companies across many sectors, including manufacturing and distribution. Aurora’s knowledge and experience in the promotional products industry makes it the ideal partner for Norwood and is a clear sign to the industry that Norwood’s business remains robust.
The sale will be completed through a proceeding in a Chapter 11 case, which Norwood commenced today with a targeted closing by the end of June. Competitive offers may be submitted pursuant to bidding procedures as established for the case.
- Companies:
- Norwood Promotional Products