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.
What’s also really great is that the price isn’t too bad and that most people will be able to afford this product. If you’re not convinced yet you should check out the reviews on Amazon. There’s hundreds of them and most are overwhelmingly positive. If you want to see what other customers are saying about the GMG Davey Crockett Pellet Grill, click below:
†Advertiser Disclosure: Many of the card offers that appear on this site are from companies from which CreditDonkey receives compensation. This compensation may impact how and where products appear on this site (including, for example, the order in which they appear). CreditDonkey does not include all companies or all offers that may be available in the marketplace.
The MoJack has huge barrel with lots of cooking space. With the 24 inch model, you are going to have 418 in.² to cook on. You will easily be able to read and monitor the temperature with the LED digital temperature control. This model has a bottom storage rack, which makes a great place for you to put extra pellets or tools that you will use for cooking.
Second, you’ll have to figure out what BBQ pellets you want to use. There are many different brands, blends, and mixes to choose from, and you’ll likely want to do some side by side testing to see what you like best on what meats. My very good friend and BBQ buddy Shane Draper (ofDraper’s BBQ Rubs and Sauces) really likes to make his own blends — using different woods in different proportions depending on what he’s cooking.
To your question regarding Traeger, I’ve not reviewed their grills of yet. I do know that Traeger as a company is taking steps to up their game some, as quality/reliability of their pellet grills has diminished over the last few years. The new CEO – Jeremy Andrus – they hired comes from the Skull Candy company and brought that headphone company from annual sales from less than $1 million to nearly $300 million. I know also that a few big hitters in the BBQ world are being contacted by Traeger to bring the brand back to its former prominence. You can read more about that here from the site of one of the company’s that now has an ownership interest in Traeger: http://www.trilantic.com/News_Story.aspx?StoryType=1&ID=56.
What about temperature control and a digital controller? It is much poorer in this regard than the competitive Camp Chef which is why I decided to give the second place to Z Grills as an alternative to Camp Chef PG24. Therefore the digital controller allows to set the temperature within the range of 180-450 degrees F. A pretty low maximum temperature but it shouldn’t be a problem to enthusiasts of long slow cooking, which usually takes place at lower temperatures.
Second on our list of the best pellet grill review the Traeger pellet grill has a 292 square inch cooking surface area. It weigh 70 pounds and measure 21 inch by 23 inch by 21 inch in dimensions. This pellet grill is made out of steel and arrives in a black and bronze body. It has an automatic auger, an electronic auto start and a digital temperature control. The Traeger Pellet grill also feature a Digital Thermostat Control which detects the temperatures inside the grills using an RTD detector, and instructs the auger to fuel the fire and release the pellets according to that. Other than that, they also come with a manual temperature setting of smoke, medium and high.
Now, for the good stuff: do not hesitate to spend an extra or even two bucks for a feature that you will use and appreciate. Consider your pellet grill as an investment, something you are going to buy, and be using and enjoying for years and years to come. Features like meat probes to check the internal temperature of foods are excellent for taking the guess work away from cooking meat to a particular doneness. You will never end up with an overcooked and rubbery, or undercooked and raw steak ever again! Features like smartly designed grills that consume and spread heat evenly are also great for cooking food to perfection without having to move it from side to side to find the right temperature spot.
I have yet to have any problems with my smoker, other that what I caused for myself. Please follow the instructions on covering the heat diffuser plate with aluminium foil. When fat from the meats that you are cooking (mine was chicken) it will cook right there, and is difficult to get off. When you follow instructions, this cooker is a dream come true.
So Kevin here is where you come in. Been wanting to make getting consistent Q on the table regularly and easily. Been looking at pellet poopers for about 5 years now and decided to take the plunge. Had already done enough looking a few years ago Traeger’s issues had scared me off. Several friends had them and raved but always mentioned problems. I decided from my work I don’t want to be buying someone’s, ‘we know the problems and are fixing them’ if you can find something solid for similar cost. Yoder and FEC were pretty much my finalists. So I was doing my final thoughts and found your article.
The simplicity with which you can use this product is outstanding. From the time that you put it together to the time you smoke meat to the time you clean it, the entire process is extremely simple. It has a power failure restart and a dump tray that can easily be cleaned out. The cooking surface is so large that it is possible to smoke two turkeys at once.
This pellet smoker and its humongous 20 inches by 15 inches or 300 square inches of grilling space are capable of holding 3 rib racks, 18 hotdogs, 4 chickens, or 12 burgers at the same time. This is also one of the most Affordable pellet smokers around. Its thermostat control is LED digital so that you can set it as easily as your microwave. Just press buttons and get the setting you want every time.
We have shifted to a new house and here we have a very nice backyard. We were thinking of having pellet grill for the backyard for friends and family gatherings for making our holidays memorable. According to your review I think Camp Chef SmokePro DLX Wood Pellet Grill and Smoker | PG24B will be a good option for us. Do you have any other suggestion for us as it will be our first and we don’t have much knowledge about it.
Cleaning other types of smokers typically includes scooping ash from the burners and removing burnt remains from the racks. Traeger turns this messy process into a very simple one. The smoker burns pellets so efficiently that there is almost no ash left behind. Since there is no direct flame, the cooking grates will not get sticky and caked with excessive amounts of burnt, juicy meat. In order to clean the racks, all you have to do is brush them quickly and then wipe them with a paper towel.
Keep your Pellet Grill and Smoker fired up Keep your Pellet Grill and Smoker fired up with Camp Chef’s Premium Hardwood Pellets. Made of 100% natural hardwood these food grade pellets are an excellent way to add that unique smoky flavor. Choose from 4 distinct flavors. Smokehouse Hickory impart a rich and smoky bacon-like flavor to all meats ... More + Product Details Close
Purchased the YS640 about a month ago. So far I have cooked nine pork butts, three racks pork back ribs, one beef brisket and four thick cut New York steaks on it. I am very pleased with the results of these cooks. I have an upright propane smoker, Weber kettle, propane grill and so far the YS640 has out performed all three of those in ease of use and flavor performance. I can get almost the same flavors with my others, but takes more work and babysitting. Also want to mention that the YS640 is built to last. I noticed the ruggedness and excellent USA craftsmanship immediately upon arrival. Some reviewers think maybe the YS has a steep price, but I think its justified due to its construction and craftsmanship. It would be difficult to make something of this caliber for any less. A couple minor things to note is you will have to play with the damper a bit to learn the heat distribution, but after learning it, its not a problem. Doesn't put quite as strong as a wood flavor on the food as my upright propane smoker, but it puts the right amount and I have no complaint here. I would and have already recommended the YS640 to friends and acquaintances. If you have spent long hours smoking foods and know the correct flavors that they should be, your not going to be disappointed with this cooker!
The popular Traeger Junior Elite is a great smoker for first-time chefs as well as experienced smokers who are short on space. It's versatile and can grill, smoke, bake, roast, braise, and barbecue food. The digital controller is adjustable to +/- 20 degrees and has 300 square inches of grilling space that is large enough for two whole chickens or three racks of ribs.
This is the single main advantage of a pellet smoker. Unlike charcoal, gas or wood fired smokers you don’t need to do anything with fuel except make sure it’s full when you start. This means no more having to go back and check fuel levels, no fluctuating temperatures, no spending ten minutes setting up charcoal and getting it at the right temperature, and no random heat variance giving you oddly cooked food ’cause you set it all up wrong.
What makes this smoker unique, though, is the sear box. It runs on propane, and it gets VERY hot, VERY fast. You can easily sear meats on it, and many use the "reverse sear" method, which means to sear meats AFTER smoking them. Additionally, the sear box can be used as a small propane grill; we use it all the time for things like hot dogs and sausages.
Wood pellet grills look like standard barbecue grills but some with a separate firebox for making smoked meats that will also let you smoke vegetables and other ingredients. As Traeger and Pit Boss both get good reviews from customers, it’s important that you look at the top features of this grills and how each company compares in relation to those features.
*Big R strives for accuracy in our advertising, but errors in pricing, photography, and/or description may occur. Big R reserves the right to correct any such errors. Photography is for illustration purposes only and may not reflect actual product. Big R reserves the right to limit quantities ordered and the right to accept or decline any E-Commerce order.
But, along with some shelves we don’t need, a headboard that won’t fit our new bed, and a gigantic chest freezer I haven’t yet filled, the Egg has languished in the back corner of the garage since then. That’s because a brand new Traeger Timberline 850 was sitting here waiting for us when we arrived and it’s performed so well and become such an essential part of my cooking that now I can’t imagine using anything else.