Acquiring Company
Berkshire Hathaway
Acquired Company
OxyChem
OmahaHoustonManufacturingEnergyInsurtechInsuranceManufacturingEnergyOil And GasDescription
Berkshire Hathaway has completed its acquisition of OxyChem for approximately $9.4 billion, marking a significant addition to its portfolio. Additionally, the company is set to finalize its $6.8 billion purchase of Taylor Morrison. These acquisitions are part of a broader strategy to increase capital deployment while maintaining substantial liquidity. Berkshire continues to prioritize safety and financial strength in its investment strategy.
Quick answer
Berkshire Hathaway is acquiring OxyChem for $9.4 billion, announced August 8, 2026. Berkshire Hathaway is based in Omaha, Nebraska, United States.
- How much did Berkshire Hathaway pay for OxyChem?
- The reported deal value is $9.4 billion.
- What does Berkshire Hathaway do?
- Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services.
- Where are Berkshire Hathaway and OxyChem based?
- Berkshire Hathaway is based in Omaha, Nebraska, United States. OxyChem is based in Houston, Texas, United States.
- Who are the decision-makers at Berkshire Hathaway?
- Fundz holds 1 contact at Berkshire Hathaway. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
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- Hyundai HPS acquires NEM Energy for growth (September 10, 2026)
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Frequently asked
Who acquired OxyChem?
OxyChem was acquired by Berkshire Hathaway, based in Omaha. The deal was reported on August 8, 2026. Berkshire Hathaway and its subsidiaries engage in diverse business activities including insurance and reinsurance, utilities and energy, freight rail transportation, manufacturing, retailing and services. Berkshire Hathaway is publicly traded (BRK-B) and operates in Manufacturing.
When did Berkshire Hathaway acquire OxyChem?
Berkshire Hathaway's acquisition of OxyChem was reported on August 8, 2026. Berkshire Hathaway has completed its acquisition of OxyChem for approximately $9.4 billion, marking a significant addition to its portfolio. Additionally, the company is set to finalize its $6.8 billion purchase of Taylor Morrison. Fundz records the date the transaction was first publicly reported, sourced from filings and company announcements.
What does OxyChem do?
OxyChem is a subsidiary of Occidental Petroleum focused on petrochemical production and is well-known for its work in battery recycling and medical supplies. The company plays a significant role in PVC production, particularly for water supply pipes. It is privately held, operating in Manufacturing, and is based in Houston.
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