Weber $250 million IPO
Davis Polk advised Weber Inc. on its $250 million initial public offering of 17,857,143 shares of Class A common stock. The shares of Class A common stock are listed on the New York Stock Exchange under the symbol “WEBR.”
Headquartered in Palatine, Illinois, Weber is a leading outdoor cooking company with the strongest and most trusted brand in the global outdoor cooking market. Weber offers a comprehensive, innovative product portfolio, including charcoal, gas, pellet and electric grills, smokers and accessories designed to help outdoor cooking enthusiasts discover what’s possible. Weber offers its barbecue grills and accessories, services and experiences to a passionate community of millions across 78 countries.
The Davis Polk capital markets team included partners Michael Kaplan and Pedro J. Bermeo and associates Carrie Guo, Aashim Usgaonkar and Stephen H. Karp. The M&A team included partner Marc O. Williams and associate Heather Weigel. The executive compensation team included partner Veronica M. Wissel and associate Joseph S. Brown. The tax team included partner David H. Schnabel. All members of the Davis Polk team are based in the New York office.