Warren Buffett, one of the richest men in the world and have a lot of success in investments, he lives in Omaha Nebraska. He also owns Berkshire Hathaway, an American multinational conglomerate holding company which is widely known for such success. In 2006 Warren Buffett’s Berkshire Hathaway bought 20 percent of ISCAR, an Israeli company.
ISCAR Metalworking is owned by Stef Wertheimer founded in 1952. Before this company was located in Nahariya but moved to Migdal Tefen in Israel in 1982. Ever since, this Israeli company has expanded to the multinational company having representations over 50 countries, such a huge success from a simple man that was once just a metal worker in his own backyard.
Now Warren Buffett having 20 percent of this Israeli company for 2 billion dollars says this is a dream deal that could surpass all his expectations. For the first time also the first company from outside the United States that their company Acquired. This company has ten thousand people working for them, Jacob Harpaz as the CEO and President of this company now is in 60 countries around the world. With Warren Buffett as a new part of this Company, his smart mind and planning together with Berkshire Hathaway can go as far as one can imagine from a unique country of Israel to the most farthest places in the globe. Warren Buffett Israeli company will surely be a great deal that will attract more investors that will bring in a huge success in more countries in the future.