Outdoor grills maker Weber said Tuesday it expects to raise nearly $797 million through an initial public offering in the US, targeting a valuation of more than $5 billion.

The coronavirus pandemic has been an especially busy time for outdoor dining, with many consumers taking up home improvement projects, including building out decks and patios, which mean more backyard grilling.

Grill companies Traeger and BBQ Guys are also planning to go public.

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