Legacy Cos. Acquires EdgeCraft
June 6, 2016,
FORT LAUDERDALE, Fla.-The Legacy Cos. has completed its purchase of EdgeCraft, manufacturer of Chef’sChoice housewares.
A joint Legacy-EdgeCraft statement did not disclose the purchase price or other terms of the transaction. Neal Asbury, Legacy’s CEO, said the EdgeCraft operation will remain in its current headquarters in Avondale, Pa. Sam Weiner, EdgeCraft’s president, and the rest of EdgeCraft’s management team will remain with the company.
The acquisition “represents our continued commitment to expanding our USA-based manufacturing operations and building our portfolio of Legacy brands,” Asbury said. “I also want to congratulate the management team at EdgeCraft for their strong leadership and their effort in positioning the Chef’sChoice brand for future growth. I look forward to working with the dedicated and talented EdgeCraft employee base.”
“We have spent significant time with The Legacy Cos.’ management team and are convinced the culture and ambition is similar to what we’ve built at EdgeCraft,” Weiner said. “It’s exciting for EdgeCraft to be an official part of The Legacy Cos., where we can leverage the resources and brand expertise of each company to further innovate and develop our products to accelerate growth worldwide.”
Among other Legacy brands are Excalibur for dehydrators, Omega for juicers and Zeroll for kitchen gadgets. It is also the parent of food-service equipment brands Bevles, Blakeslee, General, Greenfield WorldTrade, Kold-Draft and Maxximum.
Other Articles By Author
Von Tobel Cites Brass Textures Among Top Trends
HFN's DIGITAL EDITION
2017 State of the Industry Report
Cautious Optimism, Mixed Results
Many expected 2016 would be a banner year, but the political and economic climate softened consumer confidence. It was also a year consumers spent more lavishly on home remodeling rather than decorating.
ALSO IN THIS ISSUE:
- TJX Unveils First U.S. Homesense Store - In a time when retailers are reducing store counts, TJX continues to get physical.
- Ikea’s Fluid Spaces - The retailer’s new intros reflect multifunctional rooms.
- N.Y. Home Fashions Market Preview - Textile textures get soft and cozy, colors warmer.