BDT Capital Partners to acquire the remaining 51.8% stake in Weber for $1.9bn.

BDT Capital Partners, a private equity firm, agreed to acquire the remaining 51.8% stake in Weber, a provider of outdoor cooking products, for $1.9bn. "We appreciate the Special Committee’s comprehensive evaluation of BDT’s offer and are confident that this transaction provides immediate and fair value to Weber minority shareholders. For over a decade, BDT has been a longstanding strategic partner for Weber. With their continued support, our global team will move forward in executing our long-term strategy with consumers and customers as our top priorities. And we’ll continue to sharpen our focus on doing what we do best: delivering the outdoor cooking industry's most innovative, best-performing, highest-quality products and engaging millions worldwide who love to gather together and cook outside," Alan Matula, Weber Interim CEO.