— Transaction brings together two of the most innovative companies in connected cooking and kitchen appliances
Global kitchen appliance maker, Breville Group, today announces its acquisition of Seattle-based food and technology company, ChefSteps. The acquisition brings together two companies with an aligned mission to help home cooks achieve perfect results, while offering an unparalleled opportunity to further invest in growth, original content and innovation for the benefit of consumers, retailers and the ChefSteps community.
Founded in 2012, ChefSteps, with its website ChefSteps.com, is designed to inspire creativity and encourage experimentation in the kitchen through high-quality interactive content, techniques, tools, and resources. In 2015, the company announced its expansion into smart kitchen hardware with its Joule(TM) product, the world’s smallest and most powerful sous vide immersion circulator controlled by a smartphone app that includes recipes, tips, and ground-breaking features like its Visual Doneness(TM) feature, precise sous vide control, and a robust collection of recipes created by the ChefSteps team.
Breville’s acquisition of ChefSteps will enhance the long-term R&D capacity that brought the Joule(TM) product to market, allowing for continued and sustained focus on innovation, while increasing global commercial scale to further maximize the value of the ChefSteps content platform and portfolio of fast-growing connected Joule(TM) products. It also forms a natural consumer-focused extension to Breville’s existing commercial sous vide range of products following its acquisition of the PolyScience Culinary division in 2014. Renowned for its immersion circulators and temperature control technology, PolyScience Culinary is a commercial sous vide category leader revered by professional chefs.
