M&A Deal Summary

Berkshire Hathaway Acquires OTC Direct

On November 2, 2012, Berkshire Hathaway acquired consumer products company OTC Direct

Acquisition Highlights
  • This is Berkshire Hathaway’s 4th transaction in the Consumer Products sector.
  • This is Berkshire Hathaway’s 54th transaction in the United States.
  • This is Berkshire Hathaway’s 6th transaction in Nebraska.

M&A Deal Summary
Date 2012-11-02
Target OTC Direct
Sector Consumer Products
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition
Advisor(s) Lazard Middle Market (Financial)

Target

OTC Direct

Omaha, Nebraska, United States
The Oriental Trading Company is a direct marketer of party supplies, novelties, toys and children's arts and crafts, school supplies and value-priced home decor and giftware.

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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 55 of 69
Sector (Consumer Products) 4 of 4
Type (Add-on Acquisition) 41 of 47
State (Nebraska) 6 of 6
Country (United States) 54 of 64
Year (2012) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2011-11-30 Omaha World-Herald

Omaha, Nebraska, United States

Omaha World-Herald provides news, commentary, information and advertising that encourages readers to become involved in the world around them.

Buy $200M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2013-02-14 Heinz

Pittsburgh, Pennsylvania, United States

Heinz is a condiments and food processing company. The company was formed in 1869 and is based in Pittsburgh, Pennsylvania.

Buy $28.0B
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