Farberware, a name synonymous with quality cookware, has been a staple in many American kitchens for over a century. Founded in 1900 by S.W. Farber, the company has undergone significant transformations over the years, including changes in ownership. In this article, we will delve into the history of Farberware, explore its evolution, and reveal the company that currently owns this iconic brand.
A Brief History of Farberware
Farberware was founded in 1900 by S.W. Farber in the Bronx, New York. Initially, the company produced high-quality kitchen utensils, including knives, scissors, and other cutting tools. However, it wasn’t until the 1930s that Farberware began to focus on cookware, introducing its first line of stainless steel pots and pans.
Throughout the mid-20th century, Farberware continued to innovate and expand its product line, introducing new materials and designs that quickly gained popularity among home cooks and professional chefs alike. The company’s commitment to quality, durability, and affordability earned it a loyal following, and Farberware became a household name.
Changes in Ownership
Over the years, Farberware has undergone several changes in ownership. In 1997, the company was acquired by the cookware giant, Meyer Corporation. Meyer, a leading manufacturer of cookware and kitchen utensils, saw the value in the Farberware brand and its loyal customer base.
Under Meyer’s ownership, Farberware continued to produce high-quality cookware, expanding its product line to include non-stick coatings, hard anodized aluminum, and other innovative materials. However, in 2011, Meyer Corporation was acquired by the private equity firm, GTCR.
GTCR and the Acquisition of Meyer Corporation
GTCR, a leading private equity firm, acquired Meyer Corporation in 2011 for approximately $700 million. The acquisition marked a significant milestone in the history of Farberware, as it brought new investment and resources to the brand.
Under GTCR’s ownership, Farberware continued to innovate and expand its product line, introducing new cookware collections and collaborations with celebrity chefs. However, in 2018, GTCR sold Meyer Corporation to the cookware company, Groupe SEB.
Groupe SEB: The Current Owner of Farberware
Groupe SEB, a French multinational cookware company, acquired Meyer Corporation in 2018 for approximately $1.1 billion. The acquisition marked a significant expansion of Groupe SEB’s presence in the North American market and added the iconic Farberware brand to its portfolio.
Groupe SEB is a leading manufacturer of cookware and small appliances, with a portfolio of brands that includes T-fal, All-Clad, and Krups, among others. The company is committed to innovation, quality, and sustainability, and has invested heavily in research and development to stay ahead of the curve in the cookware industry.
Groupe SEB’s Vision for Farberware
Under Groupe SEB’s ownership, Farberware is poised for continued growth and innovation. The company has committed to investing in new product development, marketing, and distribution, with a focus on expanding the Farberware brand globally.
Groupe SEB’s vision for Farberware is to build on the brand’s legacy of quality and innovation, while introducing new products and technologies that meet the evolving needs of home cooks and professional chefs. With a focus on sustainability and social responsibility, Groupe SEB is committed to ensuring that Farberware remains a leader in the cookware industry for generations to come.
Conclusion
Farberware, a brand with a rich history and legacy of quality, is currently owned by Groupe SEB, a leading multinational cookware company. With a commitment to innovation, sustainability, and social responsibility, Groupe SEB is poised to take the Farberware brand to new heights, introducing new products and technologies that meet the evolving needs of home cooks and professional chefs.
As we look to the future, it’s clear that Farberware will continue to be a staple in many American kitchens, and its legacy of quality and innovation will endure for generations to come.
Timeline of Farberware’s Ownership
| Year | Owner | Notes |
|---|---|---|
| 1900 | S.W. Farber | Founder of Farberware |
| 1997 | Meyer Corporation | Acquired Farberware for an undisclosed amount |
| 2011 | GTCR | Acquired Meyer Corporation for approximately $700 million |
| 2018 | Groupe SEB | Acquired Meyer Corporation for approximately $1.1 billion |
Key Takeaways
- Farberware was founded in 1900 by S.W. Farber in the Bronx, New York.
- The company has undergone several changes in ownership, including acquisitions by Meyer Corporation, GTCR, and Groupe SEB.
- Groupe SEB, a leading multinational cookware company, currently owns Farberware and is committed to investing in new product development, marketing, and distribution.
- Farberware is poised for continued growth and innovation under Groupe SEB’s ownership, with a focus on expanding the brand globally and introducing new products and technologies.
What is the history of Farberware, and how did it become a well-known cookware brand?
Farberware has a rich history that dates back to 1900 when it was founded by S.W. Farber in the Bronx, New York. Initially, the company produced high-quality tin-plated cookware, which quickly gained popularity among homemakers. Over the years, Farberware continued to innovate and expand its product line, introducing new materials and designs that catered to the changing needs of consumers. The brand’s commitment to quality, durability, and style helped it establish a loyal customer base and become a household name.
Throughout its history, Farberware has undergone several ownership changes, but its dedication to producing exceptional cookware has remained unwavering. Today, Farberware is part of the Newell Brands portfolio, a leading global consumer goods company. Despite the changes in ownership, Farberware has continued to build on its legacy, offering a wide range of cookware products that combine traditional craftsmanship with modern technology.
Who currently owns Farberware, and how has the brand evolved under its current ownership?
Farberware is currently owned by Newell Brands, a multinational consumer goods company that acquired the brand as part of its purchase of Rubbermaid in 1999. Under Newell Brands’ ownership, Farberware has continued to expand its product line, introducing new and innovative cookware solutions that cater to the changing needs of consumers. The brand has also invested heavily in research and development, ensuring that its products meet the highest standards of quality, performance, and safety.
Despite the changes in ownership, Farberware has remained committed to its core values of quality, innovation, and customer satisfaction. The brand has continued to build on its legacy, offering a wide range of cookware products that combine traditional craftsmanship with modern technology. From stainless steel and non-stick cookware to ceramic and cast iron products, Farberware’s current ownership has helped the brand stay relevant and competitive in the market.
What sets Farberware apart from other cookware brands, and what are its unique selling points?
Farberware sets itself apart from other cookware brands through its commitment to quality, innovation, and customer satisfaction. The brand’s products are designed to provide exceptional performance, durability, and style, making them a popular choice among home cooks and professional chefs alike. Farberware’s unique selling points include its use of high-quality materials, its attention to detail, and its dedication to innovation.
One of the key factors that sets Farberware apart is its use of high-quality materials, such as stainless steel, non-stick coatings, and ceramic. The brand’s products are designed to withstand the rigors of daily use, and its attention to detail ensures that every product meets the highest standards of quality and performance. Additionally, Farberware’s commitment to innovation means that the brand is constantly introducing new and exciting products that cater to the changing needs of consumers.
What types of cookware products does Farberware offer, and what are some of its most popular lines?
Farberware offers a wide range of cookware products, including stainless steel, non-stick, ceramic, and cast iron cookware. The brand’s product line includes everything from frying pans and saucepans to Dutch ovens and cookware sets. Some of Farberware’s most popular lines include its Millennium Stainless Steel Cookware, its Non-Stick Cookware, and its Purecook Ceramic Cookware.
Farberware’s Millennium Stainless Steel Cookware is a popular choice among home cooks and professional chefs alike. This line features high-quality stainless steel construction, durable handles, and a sleek, modern design. The brand’s Non-Stick Cookware is another popular line, featuring a durable non-stick coating that makes cooking and cleaning easy. Farberware’s Purecook Ceramic Cookware is a newer line that features a unique ceramic coating that provides exceptional non-stick performance and durability.
Is Farberware cookware safe to use, and what safety features does the brand offer?
Yes, Farberware cookware is safe to use. The brand is committed to producing high-quality, safe, and durable cookware products that meet the highest standards of safety and performance. Farberware’s products are designed to withstand high temperatures, and the brand uses safe and non-toxic materials in its construction.
Farberware offers several safety features in its cookware products, including heat-resistant handles, secure-fitting lids, and non-slip bases. The brand’s non-stick cookware products feature a durable, PFOA-free non-stick coating that is safe for use at high temperatures. Additionally, Farberware’s stainless steel cookware products are resistant to corrosion and can withstand the rigors of daily use.
Can Farberware cookware be used on induction cooktops, and what other cooking surfaces is it compatible with?
Yes, many Farberware cookware products are compatible with induction cooktops. The brand’s stainless steel and cast iron cookware products are particularly well-suited for induction cooking, as they feature a ferromagnetic base that allows for efficient heat transfer. However, it’s always best to check the specific product instructions to ensure compatibility.
Farberware cookware is compatible with a wide range of cooking surfaces, including gas, electric, and ceramic stovetops, as well as induction cooktops. The brand’s products are also oven-safe, making them ideal for cooking methods that require both stovetop and oven use. However, it’s always best to check the specific product instructions for temperature limits and other safety guidelines.
What is the warranty on Farberware cookware, and how does the brand support its customers?
Farberware offers a limited lifetime warranty on many of its cookware products, which covers defects in materials and workmanship. The brand also offers a satisfaction guarantee, which allows customers to return or exchange products that do not meet their expectations.
Farberware supports its customers through a variety of channels, including its website, customer service hotline, and social media platforms. The brand’s website features a comprehensive FAQ section, as well as product instructions and recipes. Farberware’s customer service team is available to answer questions and provide support via phone or email. Additionally, the brand’s social media platforms offer a community for customers to share recipes, ask questions, and provide feedback.