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Brunswick Group handles media for Weber Inc., an outdoor grill maker that expects to raise $800M via an initial public offering valued at more than $8B.
Founded nearly 70 years ago by George Stephen, inventor of the outdoor grill, Weber controls 23 percent of the US market and 24 percent of the global business, according to Frost & Sullivan.
It is the No. 1 player in the US, Germany, Australia, Canada and France.
The Palatine, IL-based company, reported a 212.6 percent net income surge to $73.8M during the six-month period ended March 31 on a 61.4 percent sales jump.
In its S-1 filing, Weber notes the “COVID-19 environment has encouraged consumers to cook at home and enjoy the benefits of outdoor grilling, creating increased demand for our grills and accessories, and we expect to continue to benefit from these trends even after the pandemic recedes."
Brunswick Group’s Ash Spiegelberg and Patricia Graue handle Weber.
Joele Frank handles C.H. Robinson Worldwide as the freight transportation company acquires RXO Inc. in a stock and cash transaction pegged at $5.8B to create a company with an enterprise value of more than $25B.
Brunswick Group handles France’s Schneider Electric as it acquires Boston’s PTC, maker of engineering software, for $22.6B cash.
Burson Buchanan handles AAR Corp as the supplier of parts and services to the aviation market acquires a 65 percent stake in MRO Holdings.
The financial services industry thinks it needs more communications, when the real issue is credibility—and that requires entirely different solutions.
Starting out with the goal of creating a “different model” for communications, Tier One’s leaders discuss creating value for firms in financial/fintech, professional services and other high-tech industries.
