Taylor Precision Products Acquires Chef'n
OAK BROOK, Ill.-Taylor Precision Products, marketer of a wide range of branded consumer housewares products, has acquired The Chef'n Corporation, a designer of housewares goods.
Chef'n, based in Seattle, is Taylor's third acquisition since the June 2012 acquisition of Taylor by Centre Partners, a New York-based private equity firm.
"We are extremely excited to be adding Chef'n's unique products and brands to the Taylor portfolio," said Rob Kay, CEO, Taylor Precision Products. "The combination will further enhance our ability to deliver the most meaningful offerings to our retail trade partners and consumers."
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," Kay said. "We look forward to leveraging these exemplary talents across the entire Taylor organization."
David Holcomb founded Chef'n in 1982. Today, the company has over 300 patents with products available in more than 40 countries.
"Taylor's category leadership, relationships with key retailers, and vision for growth made it the clear partner for Chef'n," Holcomb said. "I look forward to working with Rob and the rest of the Taylor team to execute on this vision over the coming years."