Bain Capital invests $250m in sous vide food company Cuisine Solutions
US sous vide food items business Cuisine Alternatives has introduced a $250 million investment from private fairness company Bain Cash, as it looks to grow globally.
Cuisine Solutions is the “largest” sous vide firm worldwide, with destinations in North America, Europe, the Center East and Asia. French for ‘under vacuum,’ sous vide is a cooking approach in which food stuff is vacuum-sealed and cooked in water at precise temperatures.
The company, which is headquartered in Sterling, Virginia, provides geared up sous vide foods merchandise to foodservice, on-board, army and retail clients globally, including Starbucks, CostCo, Trader Joe’s and Concentrate on.
Felipe Hasselmann, CEO of Delicacies Alternatives, said: “Our potential, though bright prior to this strategic partnership, is now even a lot more remarkable as we see substantial runway to drive development and enlargement via continued innovation across various item categories”.
“…This financial commitment will enable us to quickly scale our throughout the world manufacturing infrastructure, small business partnerships and fortify our offer chain, thereby building extra scale to meet the developing desires of the international companions who count on our merchandise every single day throughout tens of countless numbers of areas,” additional Hasselmann.
The minority investment decision will further more improve Delicacies Solutions’ situation in the sous vide group, deliver more means to aid product innovation, and aid broaden its company and manufacturing footprint globally.
Previous 12 months, Cuisine Answers partnered with Take in Just on vegan sous vide egg bites.