M&A Deal Summary

Berkshire Hathaway Acquires Borsheim s Fine Jewelry.

On January 1, 1989, Berkshire Hathaway acquired retailer Borsheim s Fine Jewelry.

Acquisition Highlights
  • This is Berkshire Hathaway’s 2nd transaction in the Retail sector.
  • This is Berkshire Hathaway’s 8th transaction in the United States.
  • This is Berkshire Hathaway’s 3rd transaction in Nebraska.

M&A Deal Summary

Date 1989-01-01
Target Borsheim s Fine Jewelry.
Sector Retail
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition

Target

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.

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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 8 of 69
Sector (Retail) 2 of 9
Type (Add-on Acquisition) 6 of 47
State (Nebraska) 3 of 6
Country (United States) 8 of 64
Year (1989) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1986-03-06 Fechheimer Brothers

Cincinnati, Ohio, United States

Fechheimer Brothers Co.a leading uniform manufacturer that outfits those who are employed in public service industries, such as corrections, fire and EMS, military, police, postal, and military schools, as well as the umpires on the field or court. The company's portfolio includes brand names such as Flying Cross by Fechheimer and Urban Defender (battle dress uniforms). Fechheimer Brothers Company, which sells its products worldwide, owns a handful of US manufacturing plants.

Buy -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1991-01-07 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.

Buy -