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Deal closed Dec 2009 · Gainesville, Florida, USA Verified

MiTek (Berkshire Hathaway subsidiary) acquires Heat Pipe Technology

MiTek Inc., a Berkshire Hathaway subsidiary, acquired Heat Pipe Technology Inc., a maker of energy-recovery and dehumidification heat-pipe systems for commercial/industrial/institutional HVAC. Heat Pipe will operate as a separate MiTek subsidiary; founder Khanh Dinh stays on for product development.

“MiTek Inc. has announced the acquisition of Heat Pipe Technology Inc., a leader in providing proprietary energy recovery and dehumidification heat pipe systems designed for use in commercial, industrial, and institutional HVAC systems. MiTek, a subsidiary of Berkshire Hathaway Inc., is a leading supplier of products, equipment, software, and services for the building components industry.”

Entities

Berkshire Hathaway Inc. · Parent Heat Pipe Technology Inc. · Target MiTek Inc. · Acquirer
HVAC
Source: www.achrnews.com

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