M&A Deal Summary

Berkshire Hathaway Acquires CTB

On October 31, 2002, Berkshire Hathaway acquired machinery company CTB

Acquisition Highlights
  • This is Berkshire Hathaway’s 1st transaction in the Machinery sector.
  • This is Berkshire Hathaway’s 33rd transaction in the United States.
  • This is Berkshire Hathaway’s 1st transaction in Indiana.

M&A Deal Summary

Date 2002-10-31
Target CTB
Sector Machinery
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition

Target

CTB

Milford, Indiana, United States
website
CTB, Inc. is a designer, manufacturer and marketer of equipment and systems for the poultry, hog, egg production and grain industries.

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Buyer(S) 1

Buyer

Berkshire Hathaway

Omaha, Nebraska, United States

website


Category Company
Founded 1998
Sector Diversified
Employees360,000
Revenue 234.2B USD (2022)
DESCRIPTION
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.

Berkshire Hathaway and its subsidiaries engage in diverse business activities including property and casualty insurance and reinsurance, utilities and energy, freight rail transportation, finance, manufacturing, retailing and services. Berkshire Hathaway was founded in 1998 and is based in Omaha, Nebraska.


DEAL STATS #
Overall 33 of 69
Sector (Machinery) 1 of 3
Type (Add-on Acquisition) 27 of 47
State (Indiana) 1 of 3
Country (United States) 33 of 64
Year (2002) 7 of 7
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2002-10-31 The Pampered Chef

Addison, Illinois, United States

The Pampered Chef is the premier direct seller of high quality kitchen tools and part of Berkshire Hathaway. At in-home Cooking Shows, guests see and try products, prepare and sample recipes, learn quick and easy food preparation techniques and get tips on how to entertain with style and ease — transforming the everyday into the extraordinary

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2003-05-02 McLane Company

Temple, Texas, United States

McLane Company, Inc., is a supply chain services, providing grocery and foodservice supply chain solutions for convenience stores, mass merchants, drug stores and chain restaurants throughout the United States.

Buy $1.5B