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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.
Caterpillar’s Rob Rengel will join ATI Inc. on June 22 as VP-investor relations, succeeding the retiring David Weston.
Hut 8, energy infrastructure platform, has named NextEra Energy's Mark Eidelman head of IR and SVP of strategic finance.
Teneo handles easyJet as Minneapolis investment firm Castlelake mulls a possible takeover of the British budget airline.
Brunswick Group represents Universal Music Group as it rejects the unsolicited $65B takeover offer by billionaire Ed Ackman's Pershing Square Capital Management because it “fundamentally and materially undervalues” the world’s largest music company.
Prosek Partners brings on Danielle O’Brien as a managing director in its investor relations practice, based in the firm’s New York office.
