| Market Capitalization (Millions $) |
- |
| Shares
Outstanding (Millions) |
55 |
| Employees |
- |
| Revenues (TTM) (Millions $) |
1,468 |
| Net Income (TTM) (Millions $) |
-369 |
| Cash Flow (TTM) (Millions $) |
-9 |
| Capital Exp. (TTM) (Millions $) |
99 |
Business Description
Weber Inc, along with its affiliates, holds the position of the leading outdoor cooking company in the global outdoor cooking market. The founder of the company, George Stephen, Sr., pioneered the outdoor cooking category by inventing the original charcoal grill about 70 years ago. Over the years, the company has amassed a loyal and widespread following of grilling enthusiasts and barbeque professionals from all over the world, thanks to its extensive range of products, which includes traditional charcoal grills, gas grills, smokers, pellet and electric grills, and recently, technology-enabled grills such as the Weber Connecte. These products are available in 78 countries worldwide.
The company completed its initial public offering (eIPOe) in August 2021 and its common stock is listed on the New York Stock Exchange (the eNYSEe) under the symbol eWEBR.e Weber operates in the global outdoor cooking market, which includes outdoor products such as gas grills, charcoal grills, wood pellet grills, electric grills, smokers, grilling accessories, and solid fuel products such as charcoal briquettes, lump charcoal, pellets, wood chips, and wood chunks. The company aims to lead the outdoor cooking industry by introducing innovative new products and services that enhance the grilling experiences of its global consumers. Weber strives to ignite inspiration and discovery through every touchpoint with its consumers, and its purpose is to make grilling an experience, a passion, a way of life, and a journey of discovery.
On October 24, 2022, BDT Capital Partners LLC, acting on behalf of its affiliates BDT Capital Partners Fund I, L.P., BDT Capital Partners Fund 3, L.P., and their respective affiliated funds, presented a non-binding acquisition proposal letter to Weber Inc, offering to acquire all outstanding shares of Class A common stock of the company that it does not already own for $6.25 per Class A Share in cash in a egoing-privatee transaction. Before receiving the letter, the Board of Directors of Weber had set up a special committee of independent directors (the eSpecial Committeee) to evaluate and consider the potential or actual transaction proposal from BDT and any alternative proposals or strategic alternatives that may be available to the company. The Special Committee retained independent financial and legal advisors to assist it, and it comprises two independent and disinterested members of the Board.
Company Address: 1415 S. Roselle Road Palatine 60067 IL
Company Phone Number: 934-5700 Stock Exchange / Ticker: NYSE WEBR
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%
1.22%