Instant Pot maker to merge with American houseware brand manufacturer

By: The Canadian Press Posted: Last Modified:

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KANATA, Ont. - The company that makes the Instant Pot kitchen appliance has signed a definitive agreement to merge with Corelle Brands LLC.

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Hey there, time traveller!
This article was published 04/03/2019 (2798 days ago), so information in it may no longer be current.

KANATA, Ont. – The company that makes the Instant Pot kitchen appliance has signed a definitive agreement to merge with Corelle Brands LLC.

The Ottawa-based Instant Brands and Corelle did not disclose financial terms of the transaction, which is expected to be completed during the second quarter of this year.

Corelle’s chief executive officer Ken Wilkes will serve as the top executive of the combined company.

Kimberly P. Mitchell / Detroit Free Press files The Instant Pot doesn’t quite offer instantly cooked meals, but it can save you a lot of time. People who are busy or who want to improve their cooking game will find this appliance enticing.
Kimberly P. Mitchell / Detroit Free Press files The Instant Pot doesn’t quite offer instantly cooked meals, but it can save you a lot of time. People who are busy or who want to improve their cooking game will find this appliance enticing.

Instant Brands’s CEO Robert Wang will be the new company’s chief innovation officer.

Instant Brands, which Wang founded in 2009, will retain its Ottawa headquarters.

Corelle, which is headquartered in Rosemont, Ill., manufactures and markets multiple houseware brands, including Pyrex.

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