Appliance Component Manufacturer Robertshaw Files for Chapter 11 Bankruptcy

Seeking to Cut Debt and Resolve Litigation Between Lenders

Appliance component manufacturer Robertshaw U.S. Holdings has filed for Chapter 11 bankruptcy protection in an effort to resolve its financial woes. The company, owned by One Rock Capital Partners, aims to reduce its debt by $670 million and address ongoing litigation between its lenders. This move comes as rising interest rates and supply chain challenges during the COVID-19 pandemic have made it difficult for Robertshaw to sustain its high debt level.