Taylor Precision Products, Inc. has announced today that the company has acquired kitchenware supplier The Chef’n Corporation.
Chef’n, based in Seattle, WA, is the company’s third acquisition since the 2012 acquisition of Taylor by Centre Partners, a New York-based private equity firm, in conjunction with Rob Kay, who serves as chairman and CEO. Taylor also acquired North American wine and kitchen accessories marketer Metrokane last November.
“The companies are a good fit in terms of skill set. Chef’n founder David Holcomb was looking to partner with a company that could provide additional resources in ways of managing distribution channels, consumer marketing, and take the business to the next level,” Rob Kay said in an interview with HOMEWORLD BUSINESS®.
According to the company, Taylor will retain Chef’n’s Seattle operations, where the company has been based for 32 years.
“Chef’n maintains a best-in-class innovation and design team that supports the company’s new product development efforts. We look forward to leveraging these exemplary talents across the entire Taylor organization,” Kay added. “The combination will further enhance our ability to deliver the most meaningful offerings to our retail trade partners and consumers.”
David Holcomb, who founded Chef’n in 1982, added, “Taylor’s category leadership, relationships with key retailers, and vision for growth made it the clear partner for Chef’n.”
Chef’n’s first kitchen gadget was the Garlic Machine, a device for chopping fresh garlic cloves. Today, the company has over 300 patents with kitchenware products available in over 40 countries.