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Add-on acquisition Closed Nov 2009

MiTek (Berkshire Hathaway subsidiary) acquires Heat Pipe Technology

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Relationship map for MiTek (Berkshire Hathaway subsidiary) acquires Heat Pipe Technologyparent ofMiTek Industries Inc.: PlatformMIMiTek Industries Inc.Heat Pipe Technology Inc.: Operating CompanyHeat Pipe Technology …
Operating CompanyPlatform

Parties

Acquirer
MiTek Industries Inc.
Platform
Target
Heat Pipe Technology Inc.
Operating Company

Summary

MiTek Inc., a subsidiary of Berkshire Hathaway, acquired Heat Pipe Technology Inc., a maker of energy recovery and dehumidification heat pipe systems for commercial/industrial HVAC. Heat Pipe will operate as a separate subsidiary and cited acceleration of geographic growth and expansion through strategic acquisitions.

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