Oprah expands her food empire with True Food Kitchen investment

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These are the careers Oprah has kickstarted

Oprah Winfrey is cooking up one thing new.

Winfrey’s newest funding is in True Meals Kitchen, a wholesome restaurant chain backed by superstar physician Andrew Weil. Particular phrases of the deal weren’t disclosed, however the Phoenix-based chain mentioned she’s additionally becoming a member of the restaurant’s board of administrators and can “collaborate and seek the advice of” with True Meals Kitchen’s management crew.

“Once I first dined at True Meals Kitchen, I used to be so impressed with the crew’s ardour for wholesome consuming and, in fact, the scrumptious meals, that I knew I needed to be a part of the corporate’s future,” Winfrey mentioned in a launch. She was launched to the restaurant by her coach and an everyday on her former discuss present, Bob Greene.

Associated: How Oprah constructed Oprah Inc.

True Meals Kitchen has grown to 23 places in 10 states since its founding in 2008. It plans to double its retailer depend within the subsequent three years with a deal with an East Coast enlargement. The chain’s eclectic menu is predicated off Dr. Weil’s anti-inflammatory meals pyramid and options dishes like quinoa burgers, a spaghetti squash casserole and kale-infused drinks.

The funding in True Meals is the newest instance of Winfrey increasing her enterprise past media and into meals.

In 2015, she purchased a 10% stake in Weight Watchers and obtained a seat on the board. She not too long ago offloaded a few of her shares, however her funding continues to be price greater than $400 million. She additionally has a partnership with Kraft Heinz Firm for line of soups and frozen aspect dishes offered at grocery shops.

CNNMoney (New York) First revealed July 11, 2018: 9:25 AM ET

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