Berkshire Hathaway Plans More Specialty Chemical Acquisitions for Lubrizol

摘要

Berkshire Hathaway chairman and CEO Warren Buffett said in his annual letter to company shareholders, released Saturday, that its Lubrizol subsidiary will “have many opportunities for bolt-on acquisitions in the specialty chemical field.” Lubrizol CEO James Hambrick is a “disciplined buyer and a superb operator,” Buffett says. “[Berkshire vice chairman Charlie Munger] and I are eager to expand his managerial domain.”