1. Home >
  2. M&A >
  3. Divestiture >
  4. United States >
  5. Missouri >
  6. Berkshire Hathaway Acquires MiTek Industries

M&A Deal Summary

Berkshire Hathaway Acquires MiTek Industries

On June 12, 2001, Berkshire Hathaway acquired building materials company MiTek Industries from Rexam

Acquisition Highlights
  • This is Berkshire Hathaway’s 4th transaction in the Building Materials sector.
  • This is Berkshire Hathaway’s 25th transaction in the United States.
  • This is Berkshire Hathaway’s 2nd transaction in Missouri.

M&A Deal Summary
Date 2001-06-12
Target MiTek Industries
Sector Building Materials
Buyer(s) Berkshire Hathaway
Sellers(s) Rexam
Deal Type Divestiture

Target

MiTek Industries

Chesterfield, Missouri, United States
MiTek, headquartered in Chesterfield, Missouri, is a supplier of advanced engineered structural connector systems, equipment, software and services for the building components industry.

Search 206,096 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 1839
Sector Diversified
Employees392,400
Revenue 424.2B USD (2024)
DESCRIPTION
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.
Berkshire Hathaway's corporate headquarters in Omaha, Nebraska.

Berkshire Hathaway is a diversified holding company. Its subsidiaries engage in a wide range of business activities including insurance, utilities, renewable energy, freight rail transportation, finance, manufacturing, retailing, and business services. Berkshire Hathaway was founded in 1839 and is based in Omaha, Nebraska.

DEAL STATS #
Overall 25 of 69
Sector: Building Materials M&A 4 of 5
Type: Divestiture M&A Deals 1 of 9
State: Missouri M&A 2 of 3
Country: United States M&A 25 of 64
Year: 2001 M&A 4 of 5
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2001-02-27 Johns Manville

Denver, Colorado, United States

JM has become synonymous with innovation and quality in the building and specialty materials industry. Johns Manville has focused on developing materials to make diverse environments stronger, more durable, and more energy efficient and comfortable. We manufacture premium-quality building and mechanical insulation, commercial roofing, glass fibers and nonwoven materials for commercial, industrial and residential applications

Buy -
FOLLOWING 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

Seller(S) 1

SELLER

Rexam

London, United Kingdom
Category Company
Founded 1923
Sector Packaging
Employees8,600
Revenue 3.9B GBP (2015)
DESCRIPTION

Rexam PLC is a British multinational consumer packaging company headquartered in London, United Kingdom. It is the largest manufacturer of beverage cans in the world and a leading producer of rigid plastic packaging.

DEAL STATS #
Overall 1 of 7
Sector: Building Materials M&A 1 of 1
Type: Divestiture M&A Deals 1 of 7
State: Missouri M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2001 M&A 1 of 1
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2001-12-13 Crown Cork - Fragrance Pump Business

Thomaston, Connecticut, United States

Crown Cork - Fragrance Pump Business engages in cosmetics packaging. The primary products manufactured at the plant consist of a line of fine mist spray actuated pumps used in personal fragrance applications.

Buy $107M
Mergr

Product

Company

Legal