Sterling, Va.-based sous vide category leader Cuisine Solutions Inc. has received a $250 million investment from Bain Capital to accelerate its growth and global expansion.
The minority investment will further establish Cuisine Solutions’ authority in the sous vide category, provide additional resources to support accelerated product innovation, and expand its business domestically and internationally as well as the company’s global manufacturing footprint beyond the United States, France, and Thailand, according to the company.
Cuisine Solutions will continue to operate under the leadership of the existing management team, led by Chief Executive Officer Felipe Hasselmann, and Chairman Stanislas Vilgrain, who remain significant owners in the business, in addition to the Vilgrain family retaining a controlling interest.
Cuisine Solutions is the largest sous vide company in the world and a leading culinary innovation partner, with locations in North America, Europe, the Middle East, and Asia. Recognized by the world’s top chefs and kitchens, the company is the production and thought leader on the innovative slow-cooking technique that it pioneered, perfected, and popularized. Cuisine Solutions provides prepared sous vide food products to retail, foodservice, on-board and military customers worldwide.
The global sous vide machine market was valued at $180 million in 2017 and was forecast to reach $1.28 billion dollars by 2023. (Statista)