Legacy Cos. Acquires EdgeCraft
Posted on June 6, 2016 by
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.”
Founded in 1984, EdgeCraft introduced the Chef’sChoice brand with the debut of its first electric knife sharpener in 1985. Today, the brand encompasses more than 100 models of electric and manual knife sharpeners, electric food grinders and slicers, waffle makers, grills and hot beverage products—which are available in more than 80 countries.
“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.