The Legacy Companies Announces Acquisition of Chef’sChoice

Fort Lauderdale, FL and Avondale, PA – June 3, 2016 – The Legacy Companies today announced that it has completed the acquisition of EdgeCraft Corporation, manufacturer of the Chef’sChoice brand, based in Avondale, PA.

Founded in 1984, EdgeCraft Corporation introduced the Chef’sChoice brand with the debut of its first electric knife sharpener in 1985. Today, Chef’sChoice is available in over 80 countries worldwide, with more than 100 models of the most technologically advanced electric and manual knife sharpeners, as well as, electric food grinders and slicers, wafflemakers, grills and hot beverage products.

Neal Asbury, CEO of The Legacy Companies, said, “We are pleased to announce the completion of this acquisition. It represents our continued commitment to expanding our USA based manufacturing operations and building our portfolio of Legacy brands. 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.”

Mr. Asbury also emphasized that Chef’sChoice will remain headquartered in Avondale and will maintain its current operations there. “It is our intent to help grow Chef’sChoice right there in Avondale, Pennsylvania, where it’s been since 1990,” he added.

Sam Weiner, EdgeCraft’s President, commented, “We have spent significant time with The Legacy Companies’ management team and are convinced the culture and ambition is similar to what we’ve built at EdgeCraft. It’s exciting for EdgeCraft to be an official part of The Legacy Companies where we can leverage the resources and brand expertise of each company to further innovate and develop our products to accelerate growth worldwide.”

About The Legacy Companies

The Legacy Companies, a privately owned company with a strong track record of acquiring and growing companies, is a leading food service and consumer products company that designs, manufactures and markets, nationally and internationally, a diverse portfolio of products under world-class brands such as Bevles®, Blakeslee®, Excalibur®, General®, Greenfield WorldTrade, Kold-Draft®, Maxximum®, Nautilus®, Omega®, and Zeroll®. The Legacy Companies is headquartered in Fort Lauderdale, FL. More information can be found on the Web at www.TheLegacyCompanies.com.

About EdgeCraft:

Headquartered in Avondale, PA, EdgeCraft Corporation was launched in 1985 with the introduction of its model 100 electric knife sharpener, which was immediately acclaimed worldwide for its performance and quality. Today, the company is recognized as an undisputed world leader in the production of the most technologically advanced sharpeners on the market, as well as high-quality food slicers, grinders, waffle makers, grills and hot beverage products. For more information visit www.EdgeCraft.com.