When asking "Who bought Weber grill?", this often refers to the acquisition of the company, Weber, Inc., rather than individual product purchases. The company behind the iconic Weber grills has a notable ownership history, with BDT Capital Partners emerging as the primary entity involved in its recent acquisitions.
Weber, Inc., a company renowned globally for its barbecue grills, also has ventures in the hospitality sector, owning restaurants and publishing popular cookbooks. Its journey from a family-owned business to a publicly traded entity and back into private hands reflects significant shifts in its corporate structure.
Ownership Transitions of Weber, Inc.
The ownership of Weber, Inc. has seen several key changes over the past decade, primarily involving BDT Capital Partners. These transitions highlight the strategic investments made in the company.
Key Ownership Milestones
Here’s a breakdown of the significant changes in Weber, Inc.'s ownership:
- Family Ownership: For a substantial period, Weber, Inc. operated as a privately held, family-owned business, establishing its strong brand in the grilling industry.
- 2010 Acquisition by BDT Capital Partners: In a pivotal move, BDT Capital Partners acquired a majority stake in Weber, Inc. This marked the first major shift from its long-standing family ownership, bringing new investment and strategic direction to the company.
- Became Publicly Traded (2021): Weber, Inc. transitioned into a publicly traded company in 2021, allowing its shares to be bought and sold on the stock market.
- 2023 Privatization by BDT Capital Partners: Just two years later, in 2023, BDT Capital Partners once again played a decisive role by purchasing all remaining outstanding stock. This action effectively took Weber, Inc. private again, consolidating ownership under BDT Capital Partners.
The table below summarizes these key ownership phases:
Year | Ownership Status / Major Event | Primary Owner / Key Entity |
---|---|---|
Pre-2010 | Family-owned | Original Family |
2010 | Majority Stake Acquired | BDT Capital Partners |
2021 | Became Publicly Traded Company | Public Shareholders |
2023 | Taken Private (All Remaining Stock Acquired) | BDT Capital Partners |
Today, Weber, Inc. is a privately held company, primarily owned by BDT Capital Partners. For more detailed information on the company's history and operations, you can refer to its profile on Wikipedia.