December 27, 2007 - Modern Distribution Management

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December 27, 2007

Berkshire Hathaway Buys Majority of Marmon for $4.5B

Berkshire Hathaway will buy 60% of Marmon Holdings Inc., a private holding company with more than 125 manufacturing and service businesses that operate independently, for $4.5 billion.
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For a full list of companies in Marmon's portfolio, click here.
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The sectors are: wire and cable, transportation services and engineered products (including rail), highway technologies, distribution of pipe and tubing, flow products, industrial products (including fasteners, safety products and metal fabrication), construction services, water treatement equipment, and retail services.

Companies are in North America, the United Kingdom, Europe and China, and have collective revenues of $7 ...

Berkshire Hathaway Buys Majority of Marmon for $4.5B Read More »

Cooper Industries Buys Three Companies

Houston, TX-based Cooper Industries, Ltd. has acquired Sure Power Industries, Inc., OMNEX Control Systems, ULC, and Roam Secure. Combined sales for the three companies in 2007 will be $62 million and the combined purchase price is $100 million.

Sure Power, based in Oregon, provides products designed to aid in the management of DC electrical systems for the heavy-duty truck, off-highway equipment, military vehicle, recreational vehicle, bus, marine, and electric vehicle markets. &nbsp ;
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Omnex, based in British Columbia, Canada, designs and manufactures radio remote control products for the construction and heavy equipment markets, as well as industrial wireless networking solutions that are sold primarily into process automation, petrochemical, municipal ...

Cooper Industries Buys Three Companies Read More »

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