MiTek (Berkshire Hathaway subsidiary) acquires Heat Pipe Technology

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.

“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.”

Signals are extracted from public coverage and print archives and pinned to a verbatim quote, presented as reported by their sources; naming a company in a signal is not an accusation against it. The verified mark denotes a high-confidence, corroborated signal. See our methodology and legal notes.