Spectra Premium’s Chapter 15 bankruptcy case closed by court

By Sarah Lizee

Olympia, Wash., Aug. 4 – Spectra Premium Holdings (USA) Corp.’s Chapter 15 bankruptcy case was closed by the U.S. Bankruptcy Court for the District of Delaware on July 31, according to an order.

In 2021, Turnspire Capital Partners acquired Spectra's existing operations and placed them under the new name of Spectra Premium Mobility Solutions.

Spectra Premium emerged from its financial restructuring under the Companies' Creditors Arrangement Act in Canada following approval by the Canadian and U.S. courts.

The Boucherville, Quebec-based company is a designer, manufacturer and distributor of thermal and fluid management metal-formed products for the automotive, heavy-duty truck and industrial markets. It filed Chapter 15 bankruptcy on March 11, 2020 under case number 20-10612.

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