MiTek/Warren Buffett Acquire Cubic Designs

The New Berlin manufacturer and designer of mezzanines and freestanding platforms for warehouses, Cubic Designs Inc., have been acquired by the Berkshire Hathaway subsidiary MiTek Industries.

The transaction terms have not yet been disclosed in a press release.

Based out of Chesterfield, MO., MiTek is a supplier of equipment, engineered structural connector systems, services and software for the building components business. This latest purchase is going to allow the company to expand into new or markets. It will allow them to offer customized, prefab structural steel products, we learn from the MiTek CEO and chairman Tom Manenti.

Cubic Designs was founded in New Berlin in 1986. That’s where it has its administration, sales and engineering headquarters. The fabrication takes place in a plant in Waupaca.