M&A Deal Summary

Berkshire Hathaway Acquires National Indemnity Co.

On March 1, 1967, Berkshire Hathaway acquired insurance company National Indemnity Co. for 9M USD

Acquisition Highlights
  • This is Berkshire Hathaway’s 1st transaction in the Insurance sector.
  • This is Berkshire Hathaway’s 40th largest (disclosed) transaction.
  • This is Berkshire Hathaway’s 1st transaction in the United States.
  • This is Berkshire Hathaway’s 1st transaction in Nebraska.

M&A Deal Summary

Date 1967-03-01
Target National Indemnity Co.
Sector Insurance
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition
Deal Value 9M USD

Target

National Indemnity Co.

Omaha, Nebraska, United States
National Indemnity Co. is a provider of property and casualty insurance products. National Indemnity Co. was formed in 1940 and is based in Omaha, Nebraska.

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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 1 of 70
Sector: Insurance M&A 1 of 8
Type: Add-on Acquisition M&A Deals 1 of 47
State: Nebraska M&A 1 of 6
Country: United States M&A 1 of 65
Year: 1967 M&A 1 of 1
Size (of disclosed) 40 of 40
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1972-01-01 See s Candies

Carson, California, United States

For over 90 years See's Candies has been dedicated to making candy Mary See's way. Only the finest, freshest ingredients are used in making each recipe. We add no preservatives to our candy. It's quality you can taste in every piece. American made, famous for deliciousness, with the friendliest customer service.

Buy $25M