OMAHA (dpa-AFX) - Berkshire Hathaway Inc. (BRK.A, BRK.B) said Friday that it is acquiring Charter Brokerage, a non-asset based third party logistics provider to the petroleum and chemical industries, from Arsenal Capital Partners.
Financial terms of the deal were not disclosed.
Warren Buffett, Chairman and CEO of Berkshire Hathaway said, 'Charter Brokerage is a high quality business with consistently strong financial performance that fits well within Berkshire Hathaway. We are delighted to partner with Bobby Waid, CEO, and its current management team.'
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