# Precision Castparts to acquire Wilhelm Schulz GmbH

Precision Castparts Corp., a Berkshire Hathaway subsidiary, has agreed to acquire Wilhelm Schulz GmbH, a Krefeld-based manufacturer of pipe fittings. The deal is under antitrust review; no purchase price disclosed.

- Type: Acquisition
- Announced: 2017-01-23
- Where: Krefeld, Germany
- Status: announced
- Products: pipe fittings, rohrzubehörteile
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Precision Castparts](https://endata.com/companies/9654.md) (acquirer)
- [Wilhelm Schulz GmbH](https://endata.com/companies/21629.md) (target)
- [Berkshire Hathaway](https://endata.com/companies/21630.md) (investor)

## Sources

- [handelsblatt.com](https://www.handelsblatt.com/finanzen/anlagestrategie/trends/berkshire-hathaway-buffett-kauft-in-deutschland-zu/19287108.html), 2017-01-23: "Wir äußern uns zu einzelnen Transaktionen nicht im Detail, aber PCC hat eine Vereinbarung ausgehandelt, um die Schulz-Gruppe zu übernehmen."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.