YETI Holdings, Inc. acquired Butter Pat Industries, LLC.
February 14, 2024
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YETI Holdings, Inc. (NYSE:YETI) acquired Butter Pat Industries, LLC during the first quarter of 2024. In a separate transaction, YETI Holdings, Inc. also acquired Mystery Ranch, Ltd. during the first quarter of 2024. The total purchase consideration for both transactions was approximately $48.5 million in cash. The acquisitions were funded through cash on hand. YETI Holdings plan to integrate the Mystery Ranch and Butter Pat operations and products into our business to further expand its capabilities in the bags and cookware categories.
YETI Holdings, Inc. (NYSE:YETI) completed the acquisition of Butter Pat Industries, LLC during the first quarter of 2024.
YETI Holdings, Inc. is a designer, retailer, and distributor of outdoor products. The Company's product portfolio consists of three categories: Coolers & Equipment; Drinkware, and Other. Its Coolers & Equipment family is comprised of hard coolers, soft coolers, cargo, bags, outdoor living, and associated accessories. Its hard cooler category includes YETI Tundra, YETI Roadie, YETI V Series hard coolers, YETI TANK ice, and YETI Silo 6G water cooler bucket. Its Hopper soft cooler product line includes Hopper M15 Soft Cooler, Hopper M12 Soft Backpack Cooler, Hopper M30 Soft Cooler, Hopper Flip Soft Cooler, and Daytrip Lunch Bag, among others. Its Drinkware product line consists of Rambler Colsters, Rambler Lowball, Rambler Wine Tumblers, Rambler Stackable Pints, Rambler Mugs, Rambler Tumblers, Rambler Straw Mugs and Cups, Rambler Bottles, Rambler Jugs and Yonder Water Bottles. Its Other category offers an array of apparel and gear, such as hats, shirts, bottle openers and ice substitutes.