Berkshire Hathaway Inc. has completed its acquisition of 60% of Marmon for $4.5 billion. As previously reported, the remaining 40% of Marmon that is currently owned by trusts for the benefit of members of the Pritzker Family of Chicago will be acquired through staged acquisitions over a five to six year period for consideration to be based on the future earnings of Marmon.
Marmon Group is an international association of more than 125 manufacturing and service businesses that operate independently within diverse business sectors.
These sectors are Wire &Cable, serving energy related markets, residential and non-residential construction and other industries; Transportation Services &Engineered Products, including railroad tank cars and intermodal tank containers; …
