Swiss Diamond Manufacturer HORT Undergoes Debt Restructuring

SIERRE, Switzerland-HORT Coating Center, which manufactures the Swiss Diamond cookware line as well as other coatings, has started a process of debt restructuring in Switzerland.

"With unprecedented growth and investment in market expansions over the past 12 months, this is our best option to maintain product flow and our growth plan for the next five years," said Amir Alon, CEO of HORT Coating Center AG.

A release said that the debt restructuring process will not impact the flow of Swiss Diamond products. The company has a U.S. office in Charlotte, N.C.

Joachim Stein, manager of HORT Coating Center AG, said, "For more than 30 years our company has specialized in high quality coatings. Today we produce coatings not only for cookware but also for the aerospace industry, the watch-making industry, the consumer appliances industry and for medical engineering."

HFN Staff | News & Commentary

HFN provides detailed information on the key home classifications: Housewares, Tabletop, Floor Covering & Rugs, Furniture, Home Textiles, Lighting, Home Decor, Mattresses & Bedding, Gifts, Major Appliances and Consumer Electronics as well as Business, Finance and Retail.

Videos

Subscribe to
HFN Omnichannel
Receive the news you need to know about the trends in the industry delivered right to your inbox.

Current Issue

  • HFN May digital issue

    HFN's DIGITAL EDITION

    May 2017


    COVER STORY: HFN Turns 90

    We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.


    ALSO IN THIS ISSUE:

    • Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
    • Omnichannel Retailing - In the Mobile App World, Time is Money