Berkshire Hathaway Inc

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Berkshire Hathaway is an American multinational conglomerate holding company headquartered in Nebraska, USA. Berkshire owns a diverse range of businesses including confectionery, retail, railroads, home furnishings, encyclopedias, manufacturers of vacuum cleaners, jewelry sales, newspaper publishing, manufacture and distribution of uniforms, and several electric and gas utilities.

Operating Companies

  • Other
  • HomeServices of America Inc[1], residential brokerage
  • Insurance
  • Berkshire Hathaway Direct Insurance Company (THREE)
  • Berkshire Hathaway Reinsurance Group
  • biBERK Business Insurance[2]
  • BoatUS[3]
  • General Re
  • Berkshire Hathaway Homestate Companies
  • Berkshire Hathaway Specialty Insurance
  • National Indemnity Company[4]
    • MLMIC Insurance Company
    • WestGUARD Insurance Company, t/a Berkshire Hathaway GUARD Insurance Companies[5][6]
      • Central States Indemnity Company
      • AmGUARD Insurance Company
      • AZGUARD Insurance Company
      • EastGUARD Insurance Company
      • NorGUARD Insurance Company
      • GUARDCo Inc
    • Gateway Underwriters Agency
    • GEICO Auto Insurance
    • MedPro Group
    • United States Liability Insurance Group
    • Central States Indemnity Company
    • Manufacturing
    • Acme Brick Company
    • Benjamin Moore & Company
    • Brooks Sports
    • Clayton Homes
    • CTB Inc
    • Duracell Inc[7][8]
    • Fechheimer Brothers Company
    • Forest River
    • Fruit of the Loom Companies[9]
    • Garan Incorporated
    • HH Brown Shoe Group
    • IMC International Metalworking Companies
    • Johns Manville
    • Justin Brands
    • Larson-Juhl
    • LiquidPower Specialty Products Inc
    • Lubrizol Corporation
    • Marmon Holding Inc
    • MiTek Inc
    • Precision Castparts Corporation
    • Richline Group
    • Scott Fetzer Companies
    • Shaw Industries
    • Rail, Utilities & Energy
    • BNSF
      • BNSF Railway
      • BNSF Logistics
    • Berkshire Hathaway Energy Company
      • AltaLink
      • BHE Renewables
      • BHE US Transmission
      • CalEnergy Philippines
      • HomeServices of America
      • Kern River Gas Transmission Company
      • MidAmerican Energy Company
      • MidAmerican Energy Services
      • Northern Natural Gas
      • Northern Powergrid
      • NV Energy
      • PacifiCorp
    • Retail & Service
    • Affordable Housing Partners Inc
    • Ben Bridge Jeweler
    • 90%: Berkshire Hathaway Automotive
    • BH Media Group
    • Borsheims Fine Jewelry
    • Business Wire
    • Charter Brokerage
    • CORT Business Services
    • International Dairy Queen Inc
    • Detlev Louis Motorrad / Louis Motorcycle & Leisure
    • FlightSafety
    • Helzberg Diamonds
    • Jordan's Furniture
    • McLane Company
    • Nebraska Furniture Mart
    • NetJets
    • Oriental Trading Company
    • Pampered Chef
    • Precision Steel Warehouse Inc
    • RC Willey Home Furnishings
    • See's Candies
    • Star Furniture
    • The Buffalo News
    • TTI Inc
    • WPLG Inc
    • XTRA Corporation
Sources: Annual Report, 2019. pages A-1, Berkshire Hathaway Inc. Accessed Sept.30.2020., Berkshire Hathaway Subsidiary Companies. Berkshire Hathaway Inc. Accessed Sept.30.2020.

Major Holdings

Company

Shareholders

A Shares:
Total float: 58.0%

B Shares:
Total float: 98.1%
Source: MarketScreener.svg, Mar.2020

Berkshire Hathaway Energy Company

Berkshire Hathaway Energy owns one of the largest renewable energy portfolios in the US. A growing portion of electricity generation mix now comes from environmentally cleaner sources such as wind, water, the sun and the earth’s natural heat. As part of Berkshire Hathaway Energy’s expansion into the unregulated renewables market, a primary subsidiary – BHE Renewables – was developed to oversee unregulated solar, wind, hydro and geothermal projects. Based in Des Moines, Iowa, BHE Renewables encompasses BHE Solar, BHE Wind, BHE Geothermal and BHE Hydro. ref,ref

Northern Powergrid Holdings Company is an electrical distribution company based in Newcastle Upon Tyne. It is the parent company of Northern Powergrid (Northeast) Ltd and Northern Powergrid (Yorkshire) plc, which are the Distribution Network Operators for the North East England and Yorkshire regions.

Berkshire Hathaway Inc, OC, reg. Delaware Flag-Delaware.svg

  • Berkshire Hathaway Energy Company, OC
    • Berkshire Hathaway Energy Company, was MidAmerican Energy Holdings Company, ref, OC
      • MidAmerican Energy Company, OC, ref, B'berg, website
      • Northern Powergrid Holdings Company, was CE Electric UK Funding Company, CH Shareholder is BHE UK Inc, OC, reg. Delaware
        • Northern Powergrid UK Holdings, was CE Electric UK Holdings, CH
          • Northern Powergrid Ltd, was CE Electric UK Ltd, CH
            • Northern Electric plc, CH
              • Northern Powergrid (Northeast) Ltd, was Northern Electric Distribution Ltd, CH
              • Yorkshire Electricity Distribution plc, was Northern Power Grid Company (Yorkshire) Ltd, dormant, CH
              • Northern Electric Distribution Ltd, dormant, was Northern Power Grid Company (North East) Ltd, CH
        • Yorkshire Power Group Ltd, CH
          • Yorkshire Electricity Group plc, CH
            • Northern Powergrid (Yorkshire) plc, was Yorkshire Electricity Distribution plc, CH
            • Northern Powergrid Gas Ltd, E+D, was CE UK Gas Holdings Ltd, CH

Northern Powergrid

Nov.2011 Northern Powergrid Holdings Company: The formal name of the holding company became "Northern Powergrid Holdings Company", replacing CE Electric UK Funding Company. The two regulated licensee companies were renamed Northern Powergrid (Northeast) Ltd CH, and Northern Powergrid (Yorkshire) plc CH, ref Northern Powergrid Holdings Company is a wholly-owned subsidiary of MidAmerican Energy Holdings Company.B'berg, CH (PSC is Berkshire Hathaway Inc). Website, Northern PowergridWikipedia-W.svg
Oct.2002 Completed the sale of its 50% interest in Viking Power Ltd to Rolls Royce Power Ventures Ltd.ARDec.2002, p.2
Apr.2002 CalEnergy Gas UK Ltd (CH), an oil E+P subsidiary of MidAmerican Energy Holdings Company, was sold to GDF Britain Ltd, a wholly-owned subsidiary of Gaz de France.ref, p.23, ref
Feb.2002 The Group sold its wind farm electricity generation businesses to London Electricity Group plc's subsidiary, The London Power Company plc.
Oct.2001The distribution and electricity supply businesses were transferred to separate subsidiary companies.AR-Dec.2001, p.2 (Utilities Act 2000)
CE Electric UK became the trading name of "CE Electric UK Funding Company", the holdco for the businesses. The retained North East England distribution operation was renamed "Northern Electric Distribution Ltd", and merged with the newly-aquired distribution arm of Yorkshire Electricity plc, renamed "Yorkshire Electricity Distribution Ltd"., CH,ref
Sept.2001 Northern Electric plc's metering, electricity and gas supply businesses were disposed of in an asset swap with Innogy Holdings plc, exchanging the North East consumer business for Yorkshire Electricity's distribution arm.AR-Dec.2001, p.2

CE Electric UK plc, Northern Electric plc's holdco, acquired Innogy Holdings plc's 94.75% share in Yorkshire Electricity Group plc’s distribution business (Xcel Energy Inc held the other 5.25%).ref Npower Northern Ltd, a subsidiary of Innogy Holdings plc, acquired the gas and electricity supply businesses from Northern Electric plc.ref

Mar.2000 Berkshire Hathaway Inc, Warren BuffettWikipedia-W.svg's investment vehicle, completed the acquisition of MidAmerican Energy Holdings Company. The other investors were Greg Abel, Walter Scott and David Sokol. ref, AR-Dec.1999, p.1
Mar.1999 MidAmerican Energy Holdings Company: CalEnergy Company Inc merged with MidAmerican Energy Holdings Company Inc; the merged company changed its name to "MidAmerican Energy Holdings Company". AR-Dec.1998, ref
1998‑1999 Northern Electric + Gas: Northern Electric plc briefly traded as "Northern Electric + Gas", following the opening up of the domestic gas supply market. The gas supply business was moved to a separate company the following year.
Sept.1997CE Electric UK Funding Company: CalEnergy Company Inc bought out Kiewit Energy UK Inc's 30% shareholding.ref CE Electric was established as the holding company for CE Electric UK plc and Northern Electric plc.AR-Dec.1998
Dec.1996
20Deals-All-Change.svg
CE Electric UK plc acquired 100% of Northern Electric plc's share capital. CE Electric UK plc was owned by CE Electric UK Holdings, owned by CalEnergy Company Inc (70%) and Kiewit Energy UK Inc (30%).A/csAR-Mar.1997, ref, ref, ref
Apr.1995Northern Electric plc restructured itself: Metering (Northern Metering Services Ltd), Supply (Northern Electric Supply Ltd), and Distribution (Northern Electric Distribution Ltd).AR-Mar.1995,ref
Dec.1990 Northern Electric plc, formerly North Eastern Electricity Board, was privatised and floated, along with the other 13 Regional Electricity Companies. NE plc held a 6.5% stake in National Grid Holding plc.

Viking Power Ltd

  • Mar.2007: Viking's trading activities were transferred to Rolls-Royce Power Development Ltd. The fixed assets were transferred in Jun.2007. (AR-Dec.2006)
  • Aug.2006: Rolls-Royce Power Ventures Ltd transferred 100% of its shareholdings in Viking Power to Rolls-Royce Power Development Ltd, a wholly-owned subsidiary, in exchange for shares in Rolls-Royce Power Development Ltd.
  • Aug.2003: Seal Sands network Ltd was dissolved. (AR-Dec.2003)
  • Viking's objectives were changed to "develop, arrange financing for, and generate electricity from an independent power project". UP: Rolls-Royce Power Ventures Ltd. (AR-Dec.2002)
  • 2000/1: Northern Electric Generation Ltd transferred its 50% interest in Viking Power to Northern Electric plc.(AR-Dec.2001)
  • 1997/8: Seal Sands Network Ltd: 100% holding was acquired from ?? (AR-Mar.1998)
  • Jul.1996: The company was a joint venture between Northern Electric Generation Ltd (UP: CalEnergy Company Inc) and Rolls-Royce Power Ventures Ltd (UP: Rolls-Royce plc). Its principal activity was to develop and build a Gas Turbine Mid Merit Power Station on Teesside.{AR-Mar.1997)
Sources: Viking Power Ltd. Companies House. Accessed Feb.2019.

Duracell Inc

ToDo:

Timeline

  • Sept.2011:
    CPI-Engineering-Services-2000.svgDeals-Arrow-Left.svg
    Lubrizol Corporation, a manufacturer of lubricant additives for engine oils as well as chemicals used to make soap, hair-styling products, skin creams, paint and other industrial and consumer products, was acquired.[1][2]

Articles

  • /Documents/2017.12-InfluenceMap-Trade-Association-Report.pdf
  • Jul.01.2019: Share Donations. Warren E Buffett donated ~45% of his 2006 holdings to five foundations. News Release, Business Wire.

References

  1. ^ Warren Buffett buys Lubrizol chemicals firm for $9bn. BBC News, Mar.14.2011.
  2. ^ Deal 'Itch' Gets Scratched. Buffett to Pay $9 Billion for Lubrizol in Latest Industrial Foray. Serena Ng And Erik Holm, The Wall Street Journal, Mar.15.2011. Original archived on Aug.16.2015.