Home > M&A deals 2013 > Berkshire Hathaway, Inc. acquires Phillips Specialty Products, Inc.
Divestiture · Energy Services and Equipment · December 2013

Berkshire Hathaway, Inc. acquires Phillips Specialty Products, Inc.

On December 30, 2013, Berkshire Hathaway, Inc. acquired Phillips Specialty Products, Inc., an energy services and equipment company in United States, from Phillips 66 Co.

Deal at a glance

AnnouncedDecember 30, 2013 TypeDivestiture TargetPhillips Specialty Products, Inc. Buyer Berkshire Hathaway, Inc. Seller Phillips 66 Co. SectorEnergy Services and Equipment LocationUnited States ValueMembers only

Target company

Phillips Specialty Products, Inc.
United States
Energy Services and Equipmentsector
-founded
Activestatus
View the company profile →

Buyer

Berkshire Hathaway, Inc.
Company · 75 deals on record
  • 1st transaction in energy services and equipment
  • 61st transaction in United States
75deals, all time
1in this sector
2022latest

Seller

Phillips 66 Co.
Company · 6 deals on record
6investments
1in this sector
3exits

Members only

Contact details at the buyers and sellers
The full deal history of every party
Co-investors and the other advisors on this deal
Deal value and revenue or EBITDA multiples

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Questions about this deal

Who acquired Phillips Specialty Products, Inc.?Berkshire Hathaway, Inc. acquired Phillips Specialty Products, Inc. on December 30, 2013.

Who sold Phillips Specialty Products, Inc.?Phillips 66 Co. was the seller.

What type of deal was it?It was a divestiture in the energy services and equipment sector in 2013.

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