Shenzhen PICEA Robotics
Shenzhen-based robot vacuum manufacturer and service provider with R&D and factories in China and Vietnam, iRobot's primary contract manufacturer.
- iRobot files for Chapter 11 as Chinese supplier Picea takes 100% of the Roomba maker
iRobot filed for Chapter 11 in Delaware on December 14, 2025 under a restructuring support agreement that gives Shenzhen PICEA Robotics, its secured lender and primary contract manufacturer, all of the reorganized equity. Picea held $190.7 million of loan claims bought from Carlyle affiliates plus $161.5 million of manufacturing receivables, while iRobot shareholders receive nothing and Nasdaq trading was set to be suspended on December 22.
Acquirer