Marmon Group
From Wikipedia, the free encyclopedia
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| Type | Private |
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| Industry | Electrical Components, Transportation Equipment, Services Construction & Industrial Components, Retail Solutions |
| Founded | United States (1953, as Colson Corporation) |
| Headquarters | Chicago, Illinois, |
| Key people | Frank Ptak (CEO) |
| Owner(s) | Berkshire Hathaway (60%) Pritzker family (40%) |
| Employees | more than 20,000 people [1] |
| Website | www.marmon.com |
Marmon Group is a United States holding company headquartered in Chicago, Illinois.
Marmon Group owns companies that produce electrical components, industrial components and transportation equipment, and provide services including construction and retail solutions.
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[edit] History
In 1953 Jay Pritzker and Robert Pritzker acquired Colson Corporation. The name of the company was changed to Marmon Group in 1964 after the acquisition of Marmon-Herrington. [2] Major acquisitions by Marmon Group included Cerro Corporation in 1976 and TransUnion in 1981. In 2007 the Pritzker family sold a 60 percent interest in Marmon Group to Berkshire Hathaway[3].
[edit] Selected subsidiaries
[edit] References
- ^ Marmon Group:About Us
- ^ Marmon Group:History
- ^ Bajaj, Vikas (December 26, 2007). "Rapidly, Buffett Secures a Deal for $4.5 Billion". New York Times. http://www.nytimes.com/2007/12/26/business/26deal.html. Retrieved July 21, 2009.
[edit] External links
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