Kat Craddock, the editorial director of Saveur, has acquired the culinary and travel brand from owner Recurrent. Terms were not disclosed.
“The last three years at Recurrent have put us in a really strong position to strike out on our own with a freshly redesigned website, technical support, and an all-star editorial team,” Craddock states.
Craddock approached Recurrent about an acquisition earlier this year. As part of the deal, Craddock will receive the entire 30-year back catalog and digital assets.
Most of Saveur’s full-time staff will remain with the brand. Craddock will serve as editor in chief and CEO.
For its part, Recurrent will move forward with “a more focused portfolio of market-leading brands in Home,” states Alex Vargas, Recurrent CEO.
Vargas continues: “It is fantastic to see Saveur in the hands of a talented creative with such a strong personal connection and history to the brand,” states “When Kat approached us we weighed that heavily in our decision.
Craddock adds, “Saveur was founded by editors, and this is an unprecedented opportunity to bring our legacy brand back into the hands of editors who love it. In the months ahead, I’m excited to lean back into Saveur’s roots while continuing to explore new ways to reach the next generation of readers as well.”
Having worked as a bread baker, pastry chef and cheesemonger in restaurants and specialty shops in New York, Boston and Chicago, Craddock joined Saveur’s Test Kitchen in 2015 and in 2021 was named editorial director.