M&A Deal Summary

Berkshire Hathaway Acquires H.H. Brown Shoe Company

On January 7, 1991, Berkshire Hathaway acquired apparel/textiles company H.H. Brown Shoe Company

Acquisition Highlights
  • This is Berkshire Hathaway’s 2nd transaction in the Apparel/Textiles sector.
  • This is Berkshire Hathaway’s 9th transaction in the United States.
  • This is Berkshire Hathaway’s 1st transaction in Connecticut.

M&A Deal Summary
Date 1991-01-07
Target H.H. Brown Shoe Company
Sector Apparel/Textiles
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition

Target

H.H. Brown Shoe Company

Greenwich, Connecticut, United States
H.H. Brown manufactures and distributes casual, work, and dress shoes and boots under more than a dozen brands, including Bøc, Børn, Carolina, Corcoran, Dexter, Double-H, Kork-Ease, Matterhorn, Nurse Mates, Söfft, and Softspots.

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Buyer(S) 1

Buyer

Berkshire Hathaway

Omaha, Nebraska, United States
Category Company
Founded 1998
Sector Diversified
Employees396,500
Revenue 439.3B USD (2023)
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 9 of 69
Sector (Apparel/Textiles) 2 of 8
Type (Add-on Acquisition) 7 of 47
State (Connecticut) 1 of 4
Country (United States) 9 of 64
Year (1991) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1989-01-01 Borsheim s Fine Jewelry.

Omaha, Nebraska, United States

Borsheim's Fine Jewelry operates business for over 100 years, Borsheims offers Jewelry in local community and national jewelry industry.Borsheims has long worked to ensure the integrity of the jewelry industry world-wide. By working with suppliers, governments, regulating bodies and other retailers, Borsheims has helped to bring strength and honesty to the diamond and gemstone industry.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1995-03-11 Helzberg Diamond Shops

North Kansas City, Missouri, United States

Helzberg Diamonds was founded over 90 years ago, and since day one we've dedicated ourselves to delighting our customers with superior service and high-quality jewelry. That's because we understand how special it is to buy fine jewelry - and we want you to treasure the experience for years to come.

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