Interclean Amsterdam Switches to Virtual Show

The organizers of Interclean Amsterdam 2020 announced this week the decision to cancel the in-person event for November 2020 and will host a virtual version of the event from November 3-6, 2020. “This decision is disappointing for all of us, especially as RAI Amsterdam is ready to organize Interclean Amsterdam COVID-secure and fully in line with all health and safety guidelines. RAI Amsterdam has worked tirelessly to adapt all its facilities and protocols to enable events to be held in a safe, responsible and hospitable manner, says Bas Dalm, executive vice president exhibition and sales at RAI Amsterdam. “But as the situation COVID-19 continues to evolve, and many of our international exhibitors and visitors have been forced to cancel their plans to participate at Interclean due to market conditions and continued travel restrictions, we feel that the show can no longer deliver the quality expected of Interclean as the largest global cleaning and hygiene platform and therefore will move forward to a virtual experience for 2020.”

Osborn Parent Company Announces Reorganization

Osborn parent company Jason Industries announced yesterday that the United States Bankruptcy Court for the Southern District of New York has confirmed the Company’s Plan of Reorganization (the “Plan”), clearing the way for Jason to successfully complete its Chapter 11 financial restructuring and emerge in the coming days.

Upon emergence, Jason will be a private company backed by the strong ownership of its existing senior secured lenders, including Monomoy Capital Partners (“Monomoy”) and Credit Suisse Asset Management, LLC, each of whom will appoint representatives to serve on the new board of directors. The Company will reduce its debt by approximately $250 million, ensuring that Jason, and its businesses Osborn and Milsco, will have greater financial flexibility to support ongoing operations and pursue its strategic plan for the benefit of its employees, customers and business partners.