Berkshire's (BRK-A) Johns Manville Acquires Industrial Insulation Group

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Johns Manville (JM), a Berkshire Hathaway (NYSE: BRK-A)(NYSE: BRK-B) company and global building products manufacturer, today announced it has purchased Industrial Insulation Group, LLC (IIG), a manufacturer of insulation for industrial, commercial and fireproofing applications.

IIG was formed in 2002 as a joint venture between JM and The Calsilite Group. JM previously owned a minority interest in IIG, but will now operate the company as a standalone LLC wholly owned by JM. IIG’s product line complements JM’s portfolio of insulation products, allowing JM to offer an even broader continuum of solutions that meet the insulation requirements for any project.

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