Chef'n Corp. Receives Investment from CID Capital
December 14, 2011,
SEATTLE-Housewares company Chef'n Corp. has received a capital investment from private equity firm CID Capital, a partnership that gives Chef'n the capital and managerial resources to grow its core Chef'n and Vibe brands globally, as well as expand its private label business, according to the company.
Chef'n's existing management team will continue to manage day-to-day operations and plans to add new resources to align with future growth initiatives.
Scot Swenberg, managing director, CID Capital, added, "We were initially drawn to Chef'n by their broad line of products and seasoned management team and we are particularly excited by the potential of their in-house design team dedicated to new product development."
Other Articles By Author
HFN Launches Interactive Idea Book
HFN's DIGITAL EDITION
COVER STORY: HFN Turns 90
We commemorate HFN's 90th anniversary by paying tribute to the iconic retailer and supplier brands--and the people--that have helped the industry flourish, then and now.
ALSO IN THIS ISSUE:
- Up & Coming Leaders - The home industry is in capable and visionary hands as this year’s 40 Under 40 list attests. Today’s young leaders span all disciplines and varied levels of operation.
- Omnichannel Retailing - In the Mobile App World, Time is Money