September 21, 2021
Spectra Emerges from Financial Restructuring
Spectra Premium Industries is pleased to announce that an agreement has been reached with Turnspire Capital Partners. Turnspire will acquire Spectra’s existing operations and support ongoing development and growth under the new name of Spectra Premium Mobility Solutions. Spectra Premium can emerge from its financial restructuring under the Companies’ Creditors Arrangement Act (CCAA) in the fourth quarter of 2021, upon approval by the Canadian and U.S. courts.