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Pampered chef

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Pampered Chef ceramic baking trays and baking trays are designed with a non-stick surface. You can cook food with minimal or no sunflower oil, without using cookware with non-stick coating that crumbles and stains. Moreover, this baking dish gets better over time due to the process of formation of polymerized fat and oil on the surface, improving it.

The pampered chef

The Pampered Chef Doris Christopher, Founder, Chairman of the Board of Directors and CEO of Pampered Chef, managed the company's capital in the best way, financing the expansion of the business and growth of the company exclusively from internal sources. She

The pampered chef

The Pampered Chef As mentioned above, Doris Christopher founded her company, taking a loan of $ 3 thousand for a family life insurance policy and never again borrowed money. Her company now has $ 700 million in sales. Pampered Chef customers pay for purchases

The pampered chef

The Pampered Chef Warren Buffett reportedly bought a controlling stake in Pampered Chef for a total of $ 800 to $ 900,000. With a ROI of 20 to 25% (before tax) this means that Pampered Chef was bought for an amount which was 4.3–5 times larger

History

Founded in 1980 by Doris Christopher, the company began in the basement of Christopher's suburban Chicago home. The company started to sell items to housewives on the party plan, a system in which a homemaker invited her friends over for a social event at which the products were demonstrated and sold, a concept first popularized by Tupperware. The company expanded to Canada in 1996, the UK in 1999, and Germany in 2000. [ citation needed ]

The company was acquired in 2002 by Warren Buffett's Berkshire Hathaway corporation. On October 30, 2014, Berkshire Hathaway appointed long time advisor Tracy Britt Cool to the position of CEO.

The company closed its UK business, and wound down UK operations as of December 31, 2015.

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