Kroeger Inc. - SISP

Together with Kroeger Inc. (“Kroeger” or the “Company”), B. Riley Farber Inc., in its capacity as the proposal trustee of the Company (in such capacity, the “Proposal Trustee”) is conducting a sale and investment solicitation process (“SISP”) to identify one or more purchasers or investors in the assets or the business of the Company.

Kroeger Inc. is a wholesale distributor of toys, games, costumes, and similar goods, catering to over 4,000 retailers and shipping more than 3 million units throughout North America annually. The Company has a wide range of products through various manufacturers, governed by exclusive and non-exclusive distribution agreements, and procures its inventory globally.

On March 10, 2025, the Ontario Superior Court of Justice (Commercial List) granted an order approving, among other things, the SISP and a stalking horse asset purchase agreement between the Company and 1001166783 Ontario Ltd. in its capacity as stalking horse bidder, to act as the minimum bid in the SISP. Prospective bidders must submit a letter of intent and demonstrate financial wherewithal to participate in the SISP by no later than April 10, 2025, at 5:00pm EST. Further information relevant to the SISP is available on the Proposal Trustee’s website. To obtain copies of, or access to relevant documentation, please contact Emily Klein at [email protected].