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Detlev Louis Motorrad-Vertriebs GmbH news and archive

Business

Warren Buffett buys German apparel label

Warren Buffett’s investment vehicle, Berkshire Hathaway Inc., said on Friday it had agreed to buy German motorcycle apparel and accessories retailer Detlev Louis Motorrad-Vertriebs GmbH for a little more than 400 million euros. Ute Louis, the widow of company’s founder Detlev Louis, had approached Berkshire about a possible transaction and sold...

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