Announced
Completed
Financials
Sources
Tags
Private
United States
residential outdoor cooking
Household Equipment and Products
Domestic
Completed
Majority
Single Bidder
grilling equipment
Acquisition
Friendly
Synopsis
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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