M&A Deal Summary

Berkshire Hathaway Acquires Brooks Sports

On August 2, 2006, Berkshire Hathaway acquired apparel/textiles company Brooks Sports from Russell

Acquisition Highlights
  • This is Berkshire Hathaway’s 6th transaction in the Apparel/Textiles sector.
  • This is Berkshire Hathaway’s 42nd transaction in the United States.
  • This is Berkshire Hathaway’s 3rd transaction in Washington.

M&A Deal Summary
Date 2006-08-02
Target Brooks Sports
Sector Apparel/Textiles
Buyer(s) Berkshire Hathaway
Sellers(s) Russell
Deal Type Divestiture

Target

Brooks Sports

Seattle, Washington, United States
Brooks Sports, Inc.spend days researching, obsessing over, and running with runners. Get to know the minds behind the gear.Our passion to deliver the best running experience on the planet is rooted in nine simple rules that we follow day in and day out.

Search 199,713 Deals Now

SEARCH BY

  • Buyer Type (PE or Strategic)
  • Deal Size ($10M to $10B+)
  • Sector (60 Sectors)
  • Deal Type
  • Geography
  • & More

Try For Free 7-Day Free Trial

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 43 of 69
Sector (Apparel/Textiles) 6 of 8
Type (Divestiture) 5 of 9
State (Washington) 3 of 3
Country (United States) 42 of 64
Year (2006) 5 of 6
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2006-07-05 IMC International Metalworking Companies B.V.

Goudse Poort, Netherlands

IMC International Metalworking Companies provide a comprehensive range of tools for the full scope of metalworking applications. The group is dedicated to a philosophy of continuous improvement and innovation in all facets of its operations, including manufacturing, product development, distribution, sales, and administrative functions.

Buy $5.0B
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2006-12-22 TTI

Fort Worth, Texas, United States

TTI, Inc. is a distributor of specialist offering passive, connector, electromechanical and discrete components.

Buy -

Seller(S) 1

SELLER

Russell

Bowling Green, Kentucky, United States
Category Company
Founded 1902
Sector Apparel/Textiles
DESCRIPTION

Russell Corporation is a branded athletic and sporting goods company marketing athletic apparel, uniforms, footwear and equipment for a wide variety of sports, outdoor and fitness activities.

DEAL STATS #
Overall 1 of 1
Sector (Apparel/Textiles) 1 of 1
Type (Divestiture) 1 of 1
State (Washington) 1 of 1
Country (United States) 1 of 1
Year (2006) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2004-01-01 Brooks Sports

Seattle, Washington, United States

Brooks Sports, Inc.spend days researching, obsessing over, and running with runners. Get to know the minds behind the gear.Our passion to deliver the best running experience on the planet is rooted in nine simple rules that we follow day in and day out.

Buy -
Mergr

Product

Company

Legal