M&A Deal Summary

Berkshire Hathaway Acquires Precision Castparts

On August 10, 2015, Berkshire Hathaway, Inc. acquired metals/mining company Precision Castparts Corp. for 37.2B USD

Acquisition Highlights
  • This is Berkshire Hathaway’s 1st transaction in the Metals/Mining sector.
  • This is Berkshire Hathaway’s 2nd largest (disclosed) transaction.
  • This is Berkshire Hathaway’s 62nd transaction in the United States.
  • This is Berkshire Hathaway’s 1st transaction in Oregon.

M&A Deal Summary

Date 2015-08-10
Target Precision Castparts Corp.
Sector Metals/Mining
Buyer(s) Berkshire Hathaway, Inc.
Deal Type Add-on Acquisition
Deal Value 37.2B USD
Advisor(s) Credit Suisse Investment Banking (Financial)
Cravath, Swaine & Moore LLP
Stoel Rives LLP (Legal)

Target

Precision Castparts Corp.

Portland, Oregon, United States
website
Precision Castparts Corp. is a manufacturer of complex metal components and products. It serves the aerospace, power, and general industrial markets.

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Buyer(S) 1

Buyer

Berkshire Hathaway, Inc.

Omaha, Nebraska, United States

website


Category Company
Founded 1998
SectorDiversified
Employees360,000
Revenue 286.3B USD (2020)
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 66 of 67
Sector (Metals/Mining) 1 of 1
Type (Add-on Acquisition) 45 of 45
State (Oregon) 1 of 1
Country (United States) 62 of 63
Year (2015) 3 of 3
Size (of disclosed) 2 of 36
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