Add-on Acquisition • Food

Berkshire Hathaway Acquires See s Candies

On January 1, 1972, Berkshire Hathaway acquired food company See s Candies for 25M USD

Acquisition Context
  • This is Berkshire Hathaway’s 1st transaction in the Food sector.
  • This is Berkshire Hathaway’s 39th largest (disclosed) transaction.
  • This is Berkshire Hathaway’s 2nd transaction in the United States.
  • This is Berkshire Hathaway’s 1st transaction in California.

Explore All 2129 Add-on Acquisition Food Deals - Search the Database Free


M&A Deal Summary

Date January 1, 1972
Target See s Candies
Sector Food
Buyer(s) Berkshire Hathaway
Deal Type Add-on Acquisition
Deal Value 25M USD

Target Company

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.
Explore More Deals

Browse All 215,156 Deals

FILTER BY

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

Search Free

Buyer Overview 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 Context for Buyer #
Overall 2 of 70
Sector: Food 1 of 3
Type: Add-on Acquisition 2 of 47
State: California 1 of 4
Country: United States 2 of 65
Year: 1972 1 of 1
Size (of disclosed) 39 of 40
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
1967-03-01 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.

Buy $9M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
1980-01-01 GEICO

Washington, District of Columbia, United States

GEICO (an acronym for Government Employees Insurance Company) has found that driving down costs brings drivers by the droves into its fold. GEICO traditionally provided auto and other insurance to preferred low-risk demographic groups (such as government and military employees) but now sells to everyone; it has about 12 million customers

Buy $46M