Chef'n Corporation

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Chef'n Corporation - overview

Established

1982

Location

Seattle, WA, US

Primary Industry

Consumer Products

About

Chef'n Corporation is a kitchenware company specializing in innovative tools designed to enhance culinary experiences and simplify food preparation for home cooks and food enthusiasts. Chef'n Corporation, founded in 1982 in Seattle, US, focuses on creating unique kitchen gadgets. The company has undergone no significant business strategy changes and operates independently. The founder's history is not publicly detailed.


In December 2014, Chef'n was targeted in an acquisition deal by Taylor Precision Products Inc. , with financials undisclosed. Chef'n specializes in innovative kitchen tools designed to enhance cooking experiences and streamline food preparation. The company offers a range of gadgets such as the FreshForce Orange Juicer, efficiently extracting juice from citrus fruits, and the FreshForce Potato Ricer Plus for making smooth mashed potatoes.


Other notable products include the 16 Slice Apple Corer & Slicer for easy apple preparation and the Cheese Storage Slice'n Store, which prolongs cheese freshness while allowing for easy slicing. Chef'n primarily targets home cooks, food enthusiasts, and families looking to simplify meal preparation and make cooking enjoyable, distributing products across the United States, Canada, and select international markets. Chef'n generates revenue through direct-to-consumer sales from its online platform and partnerships with various retailers and wholesalers. Customers typically purchase individual kitchen tools, with popular items like the FreshForce Citrus Juicer and FreshForce Potato Ricer Plus driving sales.


The company employs a standard retail pricing strategy enhanced by promotional offers, including discounts for first-time buyers. Chef'n's clientele includes both individual consumers and businesses seeking innovative kitchen solutions, extending its reach into the gift and specialty retail sectors. In the near future, Chef'n plans to launch new kitchen tools designed to meet evolving consumer needs, although specific release dates have not been disclosed. The company is also targeting expansion into new geographic markets, aiming to increase its presence in various international regions.


The initiatives will be supported by the acquisition deal with Taylor Precision Products Inc. , which is expected to enhance Chef'n's operational capabilities and market reach following the acquisition finalized on December 23, 2014.


Current Investors

Centre Partners, Filament Brands

Primary Industry

Consumer Products

Sub Industries

Household Appliances

Website

www.chefn.com

Verticals

Manufacturing

Company Stage

Add-on

Total Amount Raised

Subscriber access only

Chef'n Corporation - deals

Deals TypeDeal StatusTarget (s)Deal DateInvestor(s)Seller(s)Deal size (Mn)Enterprise value (Mn)Post-money valuation (Mn)EBITDA multiple (x)Revenue multiple (x)Lead partner (s)
Add-on, Trade SaleCompletedChef'n Corporation-
RecapitalisationCompletedChef'n Corporation-

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