Monday, August 10, 2015

What is the company that Buffett will pay 37200 million dollars? – FORTUNE

MEXICO CITY (CNNExpansión) – Berkshire Hathaway announced Monday it will buy Precision Castparts Corp (PCC) for 37,200 million dollars, the biggest deal you made to Now the group of Warren Buffett.

Here is a company profile, with the approval of its shareholders and market regulators, it will be acquired by the American tycoon.

* PPC is a leading manufacturer of components and equipment serving the aerospace market (civilian and military) and energy company.

* Companies such as Airbus, Boeing and Rolls-Royce used the pieces created by this firm founded in Oregon in 1949.

* Its revenues in 2014 were over 10,000 million dollars.

* It employs more than 29,000 people in 157 facilities located in 14 countries, including Mexico (Nuevo Leon, Queretaro and Yucatan)

* 72% of its sales come from the market aerospace, 15% of energy and other general industry and other markets.

* Ranked room 302 in the ranking of Fortune 500 and a member of the S & P 500

* It began trading on the New York Stock Exchange in 1989.

* It is expected that the closing of the transaction with Berkshire Hathaway is made in the first quarter of 2016.

* PCC will continue to do business around the world under the name of Precision Castparts and maintain It headquartered in Oregon.

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