By now, many of you will have heard of Berkshire Hathaway’s $37.2 billion acquisition of Precision Castparts Corp. (PCC), an aerospace parts manufacturer. The acquisition is Berkshire Hathaway’s largest to-date which goes to show with each strategic acquisition, Berkshire Hathaway must make bigger and bigger deals to “move the needle.” Strategic and to the Point …
Tag: Berkshire Hathaway
Buffett Expands in Europe, Acquires German Motorcycle Company
Berkshire Hathaway has agreed to buy a German maker of motorcycle apparel and accessories, Detlev Louis Motorrad-Vertriebs, for approximately 400 million euros ($456 million). Despite the current market conditions, Warren Buffett, once again demonstrates that opportunities can be found in any market. He sees Europe as an opportunity for growth, calling the purchase a “door opener” …
Why Did Buffett Buy Duracell? Finding Growth in Mature Markets
At first glance you may ask, “Why in the world would Warren Buffett buy Duracell?” One explanation is financial. Through a bit of fiscal engineering Berkshire Hathaway is able to avoid triggering significant taxes. The Duracell transaction, is essentially a merger through a stock swap. Berkshire will give P&G $4.7 billion of the shares it …
Recent Deals: Berkshire Hathaway & 3G Capital Buy Heinz, Office Depot-Office Max Merger
Recently, there have been some fairly significant transactions, and I want to mention these and tell you what they may mean for corporate executives. The first deal we have is Berkshire Hathaway and 3G Capital acquiring Heinz for $23.2 billion. Really, if you include debt, that transaction looks to be just under a $30 billion …
