About This Deal

Berkshire Hathaway acquired The Pampered Chef, Ltd., a transaction completed in October 2002, structured as Acquisition of the company from its founder and family; subject to Hart-Scott-Rodino clearance..

The Pampered Chef, Ltd. operates in Consumer products / direct-selling (kitchenware and housewares), is based in United States (headquartered in Addison, Illinois). Berkshire Hathaway acquired The Pampered Chef from founder and Chairman Doris K. Christopher and her family. The Pampered Chef is the largest branded kitchenware company and the largest direct seller of housewares in the U.S., with more than 67,000 'Kitchen Consultant' sales representatives. It continued under its existing management, headquartered in Addison, Illinois.

A wonderful, founder-built business with admired management that fits Berkshire's family of consumer brands.

Deal Terms

Acquirer
Berkshire Hathaway
Target
The Pampered Chef, Ltd.
Value
Not disclosed
Date
October 2002
Type
Acquisition
Status
Official-source — no SEC filing

Transaction Details

Target HQ
United States (headquartered in Addison, Illinois)
Segment
Consumer products / direct-selling (kitchenware and housewares)
Structure
Acquisition of the company from its founder and family; subject to Hart-Scott-Rodino clearance.
Announced
September 23, 2002
Closed
October 31, 2002

Advisors

Advisory firms were not disclosed for this transaction.

Related Deals & Entities

Sources: Press release ↗ · SEC filing ↗

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