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New Deal


Announced

Completed

Middleby completed the acquisition of Char-Griller.

Financials

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Transaction Value-
Consideration TypeCash
Capital Owned-
Capital Bid For100%
EV/Sales-
EV/EBITDA-
Share Price Premium-
One Off Charge-

Tags

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Private

United States

residential outdoor cooking

Household Equipment and Products

Domestic

Completed

Majority

Single Bidder

grilling equipment

Acquisition

Friendly

Synopsis

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Middleby, an American publicly traded commercial and residential cooking and industrial process equipment company, completed the acquisition of Char-Griller, a provider of outdoor charcoal and gas cooking products based in Atlanta. Financial terms were not disclosed. "Char-Griller further adds to our product offerings for the outdoor market and the growing number of backyard cooking enthusiasts. With complementary customers and channels of distribution, Char-Griller provides Middleby Residential with added growth opportunities. There are meaningful synergies to leverage supply chain, manufacturing, product development and distribution capabilities," Tim FitzGerald, Middleby CEO.

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