M&A Deal Summary

Traeger Acquires Meater

On July 6, 2021, Traeger acquired information technology company Meater

Acquisition Highlights
  • This is Traeger’s 1st transaction in the Information Technology sector.
  • This is Traeger’s 1st transaction in the United Kingdom.

M&A Deal Summary

Date 2021-07-06
Target Meater
Sector Information Technology
Buyer(s) Traeger
Deal Type Add-on Acquisition

Target

Meater

Leicester, United Kingdom
Meater is a provider of smart home and wireless, IoT technology services. Meater is a truly wireless leave-in meat thermometer, paving the way for future innovations and setting a new standard in the consumer space in this product category. Meater is based in Leicester, United Kingdom.

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Buyer(S) 1

Buyer

Traeger

Salt Lake City, Utah, United States

Category Company
Founded 1986
Sector Consumer Products
Employees665
Revenue 604M USD (2024)
DESCRIPTION

Traeger is a manufacturer of wood pellet-burning barbeque grills and smokers. Traeger uses 100% all-natural hardwood fuel to infuse food with flavorful smoke, making food taste delicious and most of all, memorable. Traeger was founded in 1986 and is based in Salt Lake City, Utah.


DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
Country: United Kingdom M&A 1 of 1
Year: 2021 M&A 1 of 1