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Berkshire Unit Acquires Maker Of Drainage Products

One of Berkshire Hathaway's construction-related subsidiaries has acquired a New York company that makes flashings and other drainage products used in buildings.

OMAHA, Neb. (AP) -- One of Berkshire Hathaway's construction-related subsidiaries has acquired a New York company that makes flashings and other drainage products used in buildings.

Hohmann & Barnard announced Thursday it had acquired Sandell Industries, which is based in Schenectady, New York. Terms of the deal were not released, but Sandell's management will remain in place.

Hohmann & Barnard is part of MiTek, the global provider of engineered products for the building components industry. Warren Buffett's Omaha-based Berkshire has owned Chesterfield, Mo., based MiTek since 2001.

Over the years that Berkshire has owned MiTek, the company has made a number of acquisitions similar to the Sandell deal.

Berkshire itself owns more than 80 companies, including insurance, utility and jewelry firms.
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