Traeger Grills LLC has acquired Apption Labs Limited

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Description

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