Weber-Stephen Products Co. Acquires Ducane(R) Gas Grills.
"Ducane has built impressive brand equity through the years," said Jim Stephen, President and CEO, Weber-Stephen Products Co. "The addition of Ducane further strengthens and extends our Weber-Stephen Products Co. family of brands, enabling us to reach even more retailers and consumers globally." Weber-Stephen Products' brands include Weber(R), Vieluxe(R) (its luxury grill line), and the Weber Grill Restaurants.
Weber will continue to manufacture Ducane gas barbecue grills at the Barnwell, South Carolina facility.
The expected closing date for the acquisition has been set for March 8, 2004.
Weber-Stephen Products Co., headquartered in Palatine, Ill., is the premier manufacturer of charcoal and gas grills and accessories. In 1952, founder George Stephen designed the Weber(R) kettle with a lid that allows outdoor cooks to grill in all kinds of weather. A family-owned business for more than 50 years, Weber has grown to be a leading exporter of outdoor grills worldwide. Weber charcoal and gas grills are available at select home centers, hardware stores, department stores, patio stores and other retail outlets. Only Weber supports its consumers with round-the-clock, free customer service support, free recipes, and a content-rich website. For more information on other Weber products, visit http://www.weber.com/ .
CONTACT: Nancy Misch, +1-847-202-2773, or Sherry Bale, +1-847-202-2724, both of Weber-Stephen Products Co.
Web site: http://www.weber.com/
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|Date:||Mar 4, 2004|
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