Orleans News

M&A Report: Louisiana-based BBQGuys acquires Mont Alpi, expands modular outside kitchen management


KEY TAKEAWAYS:

  • BBQGuys acquires California-based Mont Alpi, a premium modular outside kitchen producer.
  • Acquisition enhances BBQGuys’ owned model lineup alongside Blaze and Pacific Coast Manufacturing.
  • Mont Alpi management and operations stay intact, with plans for scaling and innovation.
  • Transfer strengthens BBQGuys’ place within the rising U.S. outside kitchen and yard market.

Baton Rouge-based BBQGuys, a number one e-commerce retailer of out of doors residing merchandise, has acquired Mont Alpi, an Irvine, California primarily based premium producer of modular outside kitchen programs and grills. The transaction expands BBQGuys’ owned model lineup and solidifies its management on this quickly rising phase of the outside residing market.

Based in California, Mont Alpi is thought for glossy, stainless-steel modular grills and outside island programs. The acquisition brings Mont Alpi below BBQGuys’ umbrella alongside Blaze and Pacific Coast Manufacturing, enhancing the corporate’s capacity to supply turnkey yard options.

Russ Wheeler, CEO of BBQGuys, stated, “We’re constructing a platform for sustainable, long-term progress, one which’s rooted in strategic M&A, product innovation, and buyer expertise.”

The U.S. outside kitchen market is projected to develop at a CAGR of 8.9% by way of 2030, with modular programs rising as a key driver, in accordance with the BBQGuys. The Mont Alpi transfer aligns with BBQGuys’ vertical integration technique and model possession mannequin.

Mont Alpi’s management group and operations will stay intact post-transaction, preserving continuity. BBQGuys plans to put money into scaling Mont Alpi’s operations, speed up product innovation and deepen go-to-market initiatives.  Mont Alpi CEO John Hartwig added, “It’s a robust alignment of product imaginative and prescient, buyer focus and progress potential.”

Monetary phrases of the deal weren’t disclosed. BBQGuys is a portfolio firm of Model Velocity Group.

NewMarket Expands Specialty Chemical substances Attain with Acquisition of Calca Options
NewMarket Company has acquired Mars TopCo LLC, the mother or father firm of Calca Options, from AE Industrial Companions, reinforcing its place in high-performance chemical substances used throughout aerospace and protection.

Headquartered in Lake Charles, Louisiana, Calca is the nation’s main producer of UltraPure and high-purity hydrazine, a mission-critical propellant utilized in satellite tv for pc thrusters, in-space maneuvering programs, and area probes. The corporate has been the trusted provider to the U.S. Division of Protection’s Protection Logistics Company – Power for over 70 years, supporting each nationwide safety and industrial area applications. Calca’s hydrazine derivatives are additionally utilized in agriculture, prescribed drugs, and water therapy.

“This transaction is aligned with our long-term strategic plan to selectively increase into new product strains and finish markets that complement our present capabilities,” stated Thomas E. Gottwald, Chairman and CEO of NewMarket Company.

NewMarket, which operates by way of its subsidiaries, Afton Chemical Company, Ethyl Company, and American Pacific Company, expects the acquisition to enhance its diversification technique by including a resilient, defense-linked enterprise with a extremely expert workforce and robust market place.

 

G.F. Homosexual Le Breton is managing director for Chaffe & Associates Inc., accountable for the company finance actions of the agency. Mitch Murray is a company finance analyst with the agency. Funding banking providers are offered by Chaffe Securities Inc., member FINRA/SIPC. For extra info, go to http://chaffe-associates.com.

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