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Colibri closing

gmill880gmill880 Everyone, Registered Users Posts: 5,947
Not sure if this was already posted but it seems Colibri Group ,citing declining sales, has closed its doors and filed for bankruptcy. Seems there was some discussion on here about the quality , or lack thereof about their lighters.

Comments

  • Garen BGaren B Everyone, Registered Users Posts: 977
    Not to sound bitter but I'm glad they are closing, one of their lighters felt apart on me and was probably planning on exploding on me if I kept using it. Any other companies going to buy them up?
  • Jetmech_63Jetmech_63 Everyone, Registered Users Posts: 3,384
    Hmm, I've had one of their lighters for about 3 years and the valve on the fill stem, the seal went out and wont seal, leaked extremely bad. When it worked it was a great lighter. Wonder if their stuff is going to go on clearance. Currently i'm using an el cheapo torch and honestly....this thing works great! I used it on the ship last week in decent winds, worked like a charm. Makes me wonder why i dished out the money for one in the first place.
  • gmill880gmill880 Everyone, Registered Users Posts: 5,947

    Garen B:
    Not to sound bitter but I'm glad they are closing, one of their lighters felt apart on me and was probably planning on exploding on me if I kept using it. Any other companies going to buy them up?

    Anyones guess now. The company press release stated " economic conditions and credit market turmoil" as the reason. BUT , their major shareholder was Founders Equity SBIC , a private equity firm , they petitioned a Providence RI court to force The Colibri Group into receivership ( a form of bankruptcy -a receiver is appointed to recoup as much of the companys debt as possible).

  • madurofanmadurofan Everyone, Registered Users Posts: 6,152
  • rwheelwrightrwheelwright Everyone, Registered Users Posts: 3,294
    THat sucks for me. I bought a bunch of their lighters that had the lifetime warranty and I was given one. The ones that I bought work great but the dual flame that was given to me doesn't work very well. When it does, it is great. I was gonna send it back to get it fixed. SUCKS MAN! I hope someone buys them and honors their warranty.
  • JKTexJKTex Everyone, Registered Users Posts: 92
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