Category Archives: Uncategorized

ZAK Products Has Three-Year Sales Growth of 58 percent

(BRK.A), (BRK.B)

For the fourth consecutive year, ZAK Products, a Berkshire Hathaway company, has been named to the prestigious Inc. 5000 list as one of the nation’s fastest-growing private companies.

ZAK Products has had three-year sales growth of 58 percent.

Founded in 2002, and headquartered in Dallas, ZAK Products is a provider of professional grade automotive fluid and maintenance products to certified professional automotive service centers and franchised car dealerships across the United States.

The Inc. 5000 list represents a unique look at the most successful companies within the American economy’s most dynamic segment—its independent small businesses. Companies such as Microsoft, Dell, Pandora and Zillow first gained their national exposure as honorees of the Inc. 5000, and ZAK joins other prominent brands featured in this year’s rankings.

“We are thrilled to be recognized as one of the top-performing businesses for the fourth consecutive time on the prestigious Inc. 5000 list,” said Vic Keller, founder of ZAK Products. “I am beyond proud of the dedication and relentless determination of our employees, which has been a driving factor for the continued growth and success of ZAK. Since the company began, it has been our goal to foster innovative tactics that change the way our industry does business. We continue to find creative and streamlined ways to improve our products and processes while building the trust and confidence of our partners. I believe the Inc. 5000 recognition is a reflection of that culture, and I am excited for our team to continue to propel ZAK’s growth into the future.”

Zak Products credits much of its success to its close relationship with NASCAR. The company’s official partner status began in 2010 with the designation of ZAK as the #1 Professional Maintenance Fluid of NASCAR.

© 2016 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.

Lubrizol Acquires Diamond Dispersions Ltd.

(BRK.A), (BRK.B)

The Lubrizol Corporation has acquired Diamond Dispersions Ltd., a company exclusively focused on the production of water-based dye and pigment dispersions for inks used in digital printing.

Headquartered in Sheffield, UK, Diamond Dispersions has established itself as a high quality, responsive and innovative producer of dispersions, gaining a significant share in this growing niche market.

Lubrizol notes that Diamond Dispersions will advance Lubrizol Performance Coatings’ goal to grow its portfolio of products that enable digital printing.

According to Sanjay Kalhan, general manager of Lubrizol Performance Coatings, “The combined technologies, knowledge and expertise of both companies will drive further innovation across product lines and position Lubrizol as the preferred partner for ink makers seeking to develop new digital print systems for this growing market. In addition to our dispersant, specialty additive and resin product lines, ink manufacturers will now have the opportunity to source fully formulated dispersions through Lubrizol.”

Diamond Dispersions is now part of Lubrizol Advanced Materials, reporting into Lubrizol’s Performance Coatings business.

The transaction includes all intellectual property, trademarks and customer lists of Diamond Dispersions. Financial terms of the agreement were not disclosed.

© 2016 David Mazor

Disclosure: David Mazor is a freelance writer focusing on Berkshire Hathaway. The author is long in Berkshire Hathaway, and this article is not a recommendation on whether to buy or sell the stock. The information contained in this article should not be construed as personalized or individualized investment advice. Past performance is no guarantee of future results.