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Gordon Brothers Group Acquires Assets of CHEF’S Catalog

February 10, 2016, 07:37 AM
Filed Under: Industry News

Gordon Brothers Group, a global advisory, restructuring and investment firm specializing in the industrial, consumer products and retail sectors, announced that it has acquired the inventory, equipment and intellectual property assets of CHEF’S Catalog, including brands, trademarks and domain names.

CHEF’S Catalog operated as a multi-channel specialty retailer of high-end, branded and private label cookware products through its catalog and online channel. While historically focused on branded, luxury kitchen goods, the company built and maintained its own CHEF’S private label.  The CHEF’s brand became its top selling brand by 2014, accounting for well over half of product volume. The company’s private label offerings included approximately 1,000 unique SKU’s.

“We are excited to acquire one of the premier brands in the kitchen goods area. CHEF’s is known for its high product quality, desirability and design, which provides a strong foundation for the brand’s future growth,” stated Jim Lightburn, Managing Director, Gordon Brothers Group.

Gordon Brothers Group has begun searching for buyers of the assets, including but not limited to the warehouse equipment, rolling stock and excess inventory.

This transaction represents Gordon Brothers Group’s latest brand acquisition, having previously purchased Polaroid, The Sharper Image, Linen’s N Things, The Bombay Company and Coby Electronics, among others.

For over 36 years, Colorado Springs-based CHEF’S Catalog has operated as a multi-channel specialty retailer of high-end branded and private label cookware products. Its offerings included tools and gadgets, cookware, housewares, small electric appliances and other related culinary products. Major brands carried by the retailer include All-Clad, Le Creuset, Wusthof, Cuisinart, Breville, Waring, KitchenAid and Staub.

Founded in 1903, Gordon Brothers Group is a global advisory, restructuring and investment firm specializing in the retail, consumer products, industrial and real estate sectors. Gordon Brothers Group maximizes value for both healthy and distressed companies by purchasing or selling all categories of assets, mitigating leases, appraising assets and operating businesses for extended periods.  Gordon Brothers Group conducts over $70 billion worth of transactions and appraisals annually.  As of November 2014, debt financing is provided by Gordon Brothers Finance Company.

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