Vista Outdoor will pay a total purchase price of $74 million for Camp Chef, comprised of $60 million in cash paid at closing and $14 million in cash to be paid out in equal installments on the first, second and third anniversaries of the closing date, subject to certain conditions described below. However, the effective purchase price is lower, due to value created by certain tax assets resulting from the transaction and the deferred purchase price structure, leading to an effective multiple of approximately 6.4x Camp Chef's expected calendar year 2016 EBITDA. Vista Outdoor financed the purchase price paid at closing using borrowings under its existing revolving credit facility. Vista Outdoor expects the acquisition to be slightly accretive to FY17 earnings per share (EPS), including impacts associated with transaction expenses. A majority of the payment of $14 million of deferred purchase price will be contingent on continued employment of key members of management and certain other conditions. As a result, Vista Outdoor plans to record the payments conditioned on continued employment as a compensation expense in future periods in accordance with GAAP. However, for purposes of presenting certain non-GAAP financial measures, including adjusted EPS, Vista Outdoor expects to treat those deferred payments as deferred purchase price and will therefore adjust the payments out of its financial results in future periods as payments are made. The purchase price will also be subject to a customary working capital adjustment. Additional information, including impact on full-year guidance, related to Camp Chef will be presented during Vista Outdoor's second quarter FY17 earnings call and webcast.
I bought this directly from Traeger. Beware that this model is now discontinued. They replaced it with the Traeger Renegade Pro without notice. The new model has an updated saw horse design and a new digital controller with probes. It does not come with the handy spice rack however. To each their own but I'd check with Traeger prior to purchase. That said, I paid more from them so if this is discounted, grab it. I love mine!
DS, I have a green mountain grill. besides that for any pellet smoker cook your chicken at a high heat otherwise the skin will be rubbery. doesnt have to be a direct flame to get it crispy. I set my GMG to 425 flip it after 8 mins pull it at 170 crispy perfection. if you want more smoke flavor, smoke it at 150 for an hour then crank it up to 425 to finish it. I was upset with my rubbery skin when i first used it as well but i got some good advice from the pros. chicken doesnt need to be cooked low and slow to tenderize it like pork and beef does. it doesnt have the tissues or muscles that need to be broken down like beef and pork
Our Privacy Promise, Terms of Service, Code of Ethics. AmazingRibs.com promises to never sell or distribute any info about you individually without your express permission, and we promise not to, ahem, pepper you with email or make you eat spam. We are GDPR (the General Data Protection Regulations as passed by the European Union). GDPR requires that we be willing to delete any info we have about an EU resident if you request it. We go a step further. We extend this right to anyone, EU resident or not. For more about our privacy promise, code of ethics, terms of service, and how we operate to insure you unbiased info, click here.
I store it in the Camp Chef cover. It takes about a minute to pull the cover off, install the gas cylinder and side tables, move it into cooking position on my deck, and light the burners. It doesn't take much longer to clean up. After getting the griddle back up to high temperature for cleaning, the active work of squirting, scraping and wiping down takes just a couple of minutes. After cool down, removing the gas tank and side tables (which fit nicely on top of the griddle for storage) and putting the cover on takes another a minute.
A portable offering from Green Mountain Grills, the Davy Crocket is the most affordable pellet grill on our list, and the only one with WiFi capability. It’s compact, weighs only 57 pounds, and has folding legs so you can pack it up and bring it camping, tailgating, or to the beach. That’s something you can’t do with the Traeger Pro 22, and something we’re really excited about.
Traeger wood pellet grills pack big hardwood flavor, from sweet cherry, to savory mesquite, into everything you grill, smoke, bake, roast, braise, & BBQ. Traeger’s wood pellets are made with 100% pure, natural hardwood giving you authentic flavor and nothing else. Grilling has never been easier—just set it and forget it and let the Traeger work its wood-fired magic.
Some products feature the wood-pellet fuel system as a bonus, but the Camp Chef SmokePro SG makes its wood-fired function the star of the show. Using 100% real hardwood pellets, recreating 5-star-cuisine level dishes on a large scale is now made convenient. Though it still has limited reviews, it wouldn’t be a surprise if this smoker quickly becomes a best-selling choice. It’s the kind of smoker that you need if you want hassle-free and fast cooking.
One thing we humans tend to forget amidst hustle bustle of our fast paced and commercial lives is that we should earn to live, not live to earn. So I think it is high time you ditch your shoe-box of an office behind for a day and live. Spend a day with your family at the park, or maybe catch up with your childhood friend over a beer or two and start doing barbecue. You cannot even begin to imagine how much spending some quality time with your loved ones can help you and them, revive and replenish the monotonousness. And there isn’t a better way to mingle than over a small get-together with some amazing food and great company cooked on your pellet grill.
At Grills Forever, we work hard to bring you the best product reviews possible through an extensive online research process. We go through countless online reviews and browse through different brands, both known and unknown. We then go through their features and the value they can provide to the users. We shortlist the top products to do physical testing and then come up with a review. We do this on a regular basis to keep our list up-to-date.
One of the most outstanding features of this smoker is its digital thermostat controller. It is also small enough to be used for family gatherings but large enough to be used for tailgating parties. With it’s 292 in.² of cooking space, you can cook a lot at one time. The entire cooking surface is 15 x 20″. It is made from steel and has a porcelain coated grilling grate.
The Silverbac and the Silverbac original models of the Grilla Grills come with a good build. It has a stainless steel burn grate and a stainless steel firebox with a rugged exterior. It is painted with a high-temperature powder coating on a heavy-duty steel body. The seams are welded, caulked and powder coated for a three-layer weather resistance. Its lid and all the internal components are made of stainless steel, greatly improving this product’s life.
The computer controlled system maintains the smoker temperature with a high degree of precision so you don’t have to deal with fluctuations. With the optional (definitely a must) temperature probe you can put your meat in the smoker, set the desired target temperature and the FEC will take it from there. Once the target temperature is reached the smoker temperature will drop into a holding position until you are ready to remove your barbecue.
“We love pellet grills but didn’t like the designs of the models on the market. They are more like an oven than a grill. MAK Grills are designed to be the best in class. You get outstanding BBQ flavor and safe cooking with real wood, along with an automatic lighting and fuel feed system. Simply turn the grill on and you’re cooking in minutes! Our direct heat FlameZone ® feature is pioneering the industry for “gas grill like” cooking without the hassle of flare-ups and burned food.” — MAK Grills
With 440 square inches of cooking space, an auger-fed pellet delivery system, and a digital LED thermostat and controller, your cooking will be simple, whether it’s burgers, a whole turkey, or racks of ribs. The side shelf is a convenient place for cooking tools or plates while the bottom shelf can hold spare bags of pellets or jugs of sauces out of the way.