Product category:
Capacitors
News Release from: TTI Europe
Edited by the Electronicstalk Editorial
Team on 10 April 2007
TTI joins Berkshire Hathaway Group
TTI and its affiliate Mouser Electronics are now part of the Berkshire Hathaway Group, whose Chairman and CEO is Warren Buffett.
TTI has announced the closing of its acquisition by Berkshire Hathaway, making TTI and its affiliate Mouser Electronics part of the Berkshire Hathaway Group, whose Chairman and CEO is Warren Buffett Paul Andrews, TTI Chairman and CEO, commented: "The deal is complete and TTI and Mouser are honoured to be part of the distinguished Berkshire Hathaway family"
This article was originally published on Electronicstalk on 18 Oct 2001 at 8.00am (UK)
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"We anticipate a smooth and seamless transition internally as well as for our customers and suppliers".
He emphasised that the acquisition positions TTI and Mouser for the long term.
"This is a perfect union of one great company becoming part of another".
"Berkshire's management style melds perfectly with the way TTI has conducted its business for the past 36 years".
"Berkshire has an entrance strategy, but no exit strategy and that suits my business philosophy for TTI", Andrews said.
TTI's and Mouser's management will remain in place and will continue to run TTI's day-to-day activities.
This ownership change should be invisible to customers and suppliers. Request free introductory details about products from TTI Europe ...
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