By Michael SchusterPublished Nov 07, 2018 06:56:09After years of delays, a Weber grill sold for just $1 million on Wednesday, a $5.4-million sale that was announced by the manufacturer of the grill parts.
The auction of the company’s Weber grill products ended with the highest bid of $1,836,400.
The highest bid was made by a buyer who had placed the winning bid on Aug. 6.
The company had hoped to sell the parts at auction for $7.6 million.
The Weber company announced the sale of its Weber grill assembly and equipment business in 2015.
The sale of the equipment business, which includes the grill assembly business, the grill cooking equipment business and the equipment parts business, was announced in November 2016.
The company announced in 2016 that it would sell the equipment part business and a portion of its cooking equipment equipment business.