Traeger Grills LLC has acquired Apption Labs Limited
|Apption Labs Limited|
Transaction: The sale of Apption Labs Limited (“Apption Labs” or “Meater”) to Traeger Grills LLC (“Traeger”). Traeger are a US-based manufacturer of wood-fired barbecue grills and one the largest BBQ manufacturers in the world.
Business: Headquartered in Leicester, Apption (MEATER® | Wireless Smart Meat Thermometer | For BBQ & Kitchen Cooking) is a manufacturer of wireless smart meat thermometers (MEATER®) used in cooking. c70% of the sales are online in the US (Amazon, Shopify) – nearly all B2C.
|Global M&A Offices||
Cooper Parry Corporate Finance (Global M&A United Kingdom)
|Global M&A Advisory||Advisor to the seller|