grill maker weber-stephen acquired by trott’s bdt - gas charcoal grills
BDT Capital Partners LLC, the manufacturer of Weber's charcoal and gas grill, said investment firm BDT Capital Partners LLC would acquire a majority of the company's shares.
No terms were disclosed.
Bank of America Limited
Financial advisor to Weber, expected to close in December
Webb said in a statement today.
The Stephen family has owned the company since it was founded by George Stephen in 1952 and will retain four Weber families
Branded restaurant and working with BDT as a minority investor in grill manufacturers.
Chicago-based BDT Capital is backed by Byron Trout, a former Goldman Sachs banker.
Buffett's $4 was contributed by Trout.
5 billion acquisition of maumon Holdings Limited
In 2008, a holding company with manufacturing and service business was valued at $1.
45 billion acquisition of mckeland, a consumer goods dealerin 2003.
BDT Capital manages a $2 billion fund, according to the statement.
"This investment is a perfect example of our business model ---
Working and investing with bestin-
"A first-class and lasting family business with a strong management team and loyal customers," Trott said in a statement . ".