Acquisition closed
Berkshire Hathaway acquires Fruit of the Loom (2002)
Berkshire Hathaway completed the acquisition of Fruit of the Loom on 30 April 2002 for $835 million.[1]
Berkshire Hathaway acquired Fruit of the Loom out of bankruptcy for about $835 million in cash. The underwear maker had collapsed under debt, and Berkshire bought the operating business rather than the holding company that had failed.
Deal facts
- Announced
- Closed
- Value
- $835 million (enterprise value)
- Buyer
- Berkshire Hathaway
- Seller
- —
- Assets
- Fruit of the Loom
- Regulatory review
- None recorded
Ownership changes recorded from this deal
| Owner | Owned | Relationship | Stake | From | To |
|---|---|---|---|---|---|
| Berkshire Hathaway | Fruit of the Loom | owns | 100% | 2002-04-30 | present |
Who owns Fruit of the Loom today?
- Fruit of the Loom — owned by Berkshire Hathaway since 2002
Sources (1) & corrections
Last verified . Every ownership fact above is backed by one of these primary documents. Numbers in brackets in the text refer to this list.
- [1] Berkshire Hathaway Inc. - shareholder letters — Berkshire Hathaway Inc., Annual report; retrieved 8 September 2026.
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