Berkshire Hathaway adds to its industrial heft with $32B Precision Castparts acquisition
The heart of Warren Buffett's Berkshire Hathaway lies in insurance and finance, but a string of massive industrial deals have shifted the balance of the conglomerate's holdings toward industrial and manufacturing firms. Here are select companies that Berkshire Hathaway has acquired, or is seeking to acquire.
Company | Type of Company | Date | Employees |
National Indemnity Co. | Insurance/Finance | 1967 | 553 |
See's Candies | Food/Drink | 1972 | 2,380 |
Geico | Insurance/Finance | 1996 | 32,295 |
General Reinsurance | Insurance/Finance | 1998 | 2,317 |
Berkshire Hathaway Energy | Utility | 1999 | 20,886 |
Benjamin Moore & Co. | Materials/Construction | 2001 | 1,908 |
Applied Underwriters | Insurance/Finance | 2006 | 679 |
Iscar Metalworking | Materials/Construction | 2006 | 12,423 |
Marmon Group | Industrial/Transportation | 2008 | 19,906 |
BNSF Railroad | Transportation | 2010 | 48,000 |
Lubrizol | Chemicals | 2011 | 7,865 |
H.J. Heinz Co. | Food/Drink | 2013 | 24,500 |
Kraft Foods | Food/Drink | 2015 | 22,000 |
Duracell | Consumer Products | Deal Pending | 2,700 |