Berkshire Buys German Motorcycle Apparel and Accessories CompanyGuest Post
By Dr. David Kass
The Financial Times reported today that Berkshire Hathaway is acquiring Devlet Louis Motorradvertriebs, a German (Hamburg) based retailer of motorcycle apparel and accessories for about $450 million. Warren Buffett, looking for investment opportunities in Europe, stated “we have cracked the code in Germany”.
Louis is a family business that will remain a standalone subsidiary of Berkshire, overseen by one of . . .
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