Weber is Going to Be Private Once Again by BDT Capital Partners

In a not so surprising move, grill company Weber has agreed with BDT Capital Partners to be taken private once again. BDT Capital will purchase all of the outstanding Class A Shares that they don’t already own for $8.05 per share.

The per share price that BDT Capital is paying would value all of Weber at $3.7 billion, and is a 60% premium per share of the close price when the offer was made back at the end of October. The transaction is expected to close in the first half of 2023, with the date of June 11, 2023 listed on the Merger Agreement.