American Outdoor Brands Acquires Grilla Grills
March 10, 2022
American Outdoor Brands, a publicly traded outdoor-products company, agreed to acquire privately owned Grilla Grills for $27 million in cash (approximately $24 million after tax benefit). The acquisition gives American Outdoor Brands a direct-to-consumer barbecue brand and entry into the U.S. barbecue grill market to expand its outdoor lifestyle product category.
- Buyers
- American Outdoor Brands, Inc.
- Targets
- Grilla Grills
- Sellers
- Grilla Grills (privately owned; founders/owners Dave Shidler and Mark Graham)
- Industry
- Consumer Products
- Location
- Michigan, United States
- Transaction Type
- Buyout
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