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Stock impact report

Compass Diversified Announces Update on Lugano Subsidiary

D/B/A Compass Diversified Holdings Shares of Beneficial Interest (CODI) 
Last d/b/a compass diversified holdings shares of beneficial interest earnings: 4/30 04:15 pm Check Earnings Report
US:NYSE Investor Relations: ir.compassequity.com
Company Research Source: GlobeNewswire
WESTPORT, Conn., Nov. 16, 2025 (GLOBE NEWSWIRE) -- Compass Diversified (NYSE: CODI) (“CODI”) today announced that its subsidiary, Lugano Holding, Inc. (“Lugano”), has filed for Chapter 11 protection under the U.S. Bankruptcy Code. The filing was made under the direction of an independent special committee of Lugano’s Board of Directors, which determined that a Chapter 11 bankruptcy process represents the best path to maximize value for Lugano’s stakeholders. “We support the Lugano board’s decision to file for Chapter 11 as the best choice for maximizing value from Lugano's assets,” said Elias Sabo, Chief Executive Officer of CODI. “The filing does not involve our other eight subsidiaries, which collectively continue to generate strong cash flow and perform well in their respective markets.” CODI, as Lugano’s senior secured lender, has agreed to provide Lugano with debtor-in-possession financing to facilitate the bankruptcy process. As a result of the bankruptcy filing, Lugano will Show less Read more
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