Investment Summary

Berkshire Hathaway Invests In Shaw Industries Group

On January 21, 2002, Berkshire Hathaway invested in building materials company Shaw Industries Group for 355M USD

Investment Highlights
  • This is Berkshire Hathaway’s 5th transaction in the Building Materials sector.
  • This is Berkshire Hathaway’s 31st largest (disclosed) transaction.
  • This is Berkshire Hathaway’s 27th transaction in the United States.
  • This is Berkshire Hathaway’s 2nd transaction in Georgia.

Investment Summary

Date 2002-01-21
Target Shaw Industries Group
Sector Building Materials
Investor(s) Berkshire Hathaway
Deal Type Stake Purchase
Deal Value 355M USD

Target

Shaw Industries Group

Dalton, Georgia, United States
website
Shaw Industries, Inc. is the manufacturer of tufted broadloom carpet.Shaw sells carpeting and rugs for residential and commercial applications throughout the United States and exports to most markets worldwide.

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Investor(S) 1

Investor

Berkshire Hathaway

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 27 of 68
Sector (Building Materials) 5 of 5
Type (Stake Purchase) 5 of 10
State (Georgia) 2 of 4
Country (United States) 27 of 64
Year (2002) 1 of 7
Size (of disclosed) 31 of 37
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-09-20 XTRA

St. Louis, Missouri, United States

XTRA Lease is a provider of over-the-road trailers for rent and lease in the U.S. With more than 50 locations, XTRA Lease offers a fleet of approximately 75,000 trailers for rent and lease, including dry vans, flatbeds, reefers, local cartage vans, storage trailers and specialty equipment.

Buy $590M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2002-02-08 Albecca

Norcross, Georgia, United States

Larson-Juhl has been making custom frames that add artistry to art and warmth to living. Underlying this century-long commitment is a sincere passion for creating the finest custom frames. Larson-Juhl's artisans and designers take tremendous pride in the craftsmanship and quality of each frame, and it's this attention to detail that makes Larson-Juhl custom frames the finest in the world.

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