Clayton, Dubilier & Rice (CDR) and Berkshire Hathaway do not have a lot in common, except that they’ve historically made a lot of money.
Recently, CDR and Warren Buffett’s Berkshire Hathaway each purchased significant distribution concerns.
CDR has bought and sold distribution companies in the past and currently owns pieces of two companies involved in electrical distribution. CDR owns pieces of the partnerships that control Rexel SA of Paris (which has stock in public hands) and HD Supply (which does not have stock in public hands).
Recently CDR purchased Roofing Supply Group LLC from The Sterling Group. Roofing Supply Group has 59 locations in 24 states. The deal was announced April 23.
For a price reported at $100 million, TTI Inc.—a division of Berkshire Hathaway—acquired Sager Electronics of Middleboro, Mass. Sager is an employee-owned company and began selling radio technology in 1887.
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