Berkshire Hathaway to Buy TTI - Modern Distribution Management

Berkshire Hathaway to Buy TTI

Warren Buffett is making another foray into
distribution. His firm, Berkshire Hathaway Inc., Omaha, NE, will buy
electronic component distributor TTI, Inc., Fort Worth, TX, The acquisition will also include TTI’s
subsidiary Mouser Electronics.

 

TTI, Inc. will operate as a wholly owned
subsidiary of Berkshire Hathaway. Operations will not be affected by the
ownership change.

 

TTI and Mouser have enjoyed consistent
growth for many years and are embarking on a growth strategy that includes
international expansion and new product expansion, along with the addition of
several key franchise additions. Today, TTI operates in more than 19 countries
with more than 50 branch locations. In addition, Mouser has recently completed a
major facility expansion which has more than doubled its capacity.

 

Berkshire Hathaway purchased cutting-tool
maker Iscar earlier this year. It entered distribution with its acquisition of
McLane Co., a groceries distributor, in 2003.

 

TTI, Inc. is a of passive, interconnect and
electromechanical components. TTI serves industrial and consumer electronic
manufacturers. TTI’s product line includes: resistors, capacitors, connectors,
potentiometers, trimmers, magnetic and circuit protection components, wire and
cable, identification products, application tools and electromechanical
devices.




Related Links:


href=”/pub/1_1/breaking-news/3124-1.html” target=_blank>
Berkshire Hathaway to Buy 80% Stake in Iscar

target=_blank>Berkshire to Buy McLane
Co.


href=”/pub/1_1/breaking-news/list.html”>More Breaking News

Share this article

About the Author
Recommended Reading
Leave a Reply

Leave a Comment

Sign Up for the MDM Update Newsletter

The MDM update newsletter is your best source for news and trends in the wholesale distribution industry.

Get the MDM Update Newsletter

Wholesale distribution news and trends delivered right to your inbox.

Sign-up for our free newsletter and get:

  • Up-to-date news in a quick-to-read format
  • Free access to webcasts, podcasts and live events
  • Exclusive whitepapers, research and reports
  • And more!

2

articles left

Want more Premium content from MDM?

Subscribe today and get:

  • New issues twice each month
  • Unlimited access to mdm.com, including 10+ years of archived data
  • Current trends analysis, market data and economic updates
  • Discounts on select store products and events

Subscribe to continue reading

MDM Premium Subscribers get:

  • Unlimited access to MDM.com
  • 1 year digital subscription, with new issues twice a month
  • Trends analysis, market data and quarterly economic updates
  • Deals on select store products and events

1

article
left

You have one free article remaining

Subscribe to MDM Premium to get unlimited access. Your subscription includes:

  • Two new issues a month
  • Access to 10+ years of archived data on mdm.com
  • Quarterly economic updates, trends analysis and market data
  • Store and event discounts

To continue reading, you must be an MDM Premium subscriber.

Join other distribution executives who use MDM Premium to optimize their business. Our insights and analysis help you enter the right new markets, turbocharge your sales and marketing efforts, identify business partners that help you scale, and stay ahead of your competitors.

Register for full access

By providing your email, you agree to receive announcements from us and our partners for our newsletter, events, surveys, and partner resources per MDM Terms & Conditions. You can withdraw consent at any time.

Learn More about Custom Reports

Request a Market Prospector Demo

  • This field is for validation purposes and should be left unchanged.