MiTek® Acquires Mezzanine International

CHESTERFIELD, Mo.–(BUSINESS WIRE)–MiTek
Industries, Inc. (MiTek®), a Berkshire
Hathaway company (NYSE: BRK-A, NYSE: BRK-B), a diversified, global
business supplying a wide range of engineered products and systems;
proprietary business management and design software; and automated
equipment to the construction and industrial markets, announced today
that it has acquired UK-based Mezzanine
International, one of Europe’s leading mezzanine flooring suppliers.

With a focus on European markets, Mezzanine
International is a highly regarded leader in the design,
prefabrication, and installation of custom work platforms and structural
mezzanine systems. In addition to serving the largest global e-commerce
providers, the Company’s many customers include leading companies in
distribution, processing, aerospace, manufacturing, retail, and
entertainment. In order to support the Company’s tremendous growth, in
early 2017, Mezzanine International opened a new location in Cologne,
Germany.

Mezzanine
International is renowned for its high-performance structures, and
its new Mezzanine7® system, both of which can be tailored to match
customers’ exact needs. Click on this link
to see a video of the Mezzanine7
system.

The acquisition of Mezzanine International follows another recent
acquisition by MiTek in this same sector, Cubic
Designs, Inc., a US-based leader in custom work platforms and
structural mezzanine systems. Together, Mezzanine International and
Cubic Designs can now offer mezzanine platform solutions to their
customers on a global scale.

“I am so pleased that Mezzanine International has joined the ranks of a
storied company, MiTek Industries, Inc. A vital aspect of this
acquisition was the remarkable alignment of our core values with
MiTek’s, which is essential to executing our long-range growth plans,”
said Scott Chambers, managing director of Mezzanine International.
“Given our current design and manufacturing capabilities in Europe,
combined with the momentum we are sure to experience with MiTek’s global
footprint, formidable brand and resources, we expect growth rates and
technology developments that far outpace our competitors.”

“The acquisition of Mezzanine International furthers our strategy for
global diversification. Scott and his team have built a growing business
that is recognized as a leader in the markets where they compete, while
building and maintaining a trust-based culture,” said Mark Thom, MiTek’s
CEO. “This is an incredible addition to the MiTek family, and I’m truly
excited about the future growth opportunities that we will create
together.”

About Mezzanine International

Established in 1991, Mezzanine International is Europe’s leading
mezzanine flooring supplier. Mezzanine International delivers bespoke
performance structures, mezzanine decking, and ancillary products to
clients across all industry sectors. Learn more: https://www.Mezzanine.co.uk/

About MiTek

MiTek is a diversified global supplier of software, engineered products
and systems, services, and equipment to the residential, commercial, and
industrial construction sectors. MiTek Industries’ passion for its
associates’ well-being and its customers’ success is the company’s
hallmark. A Berkshire Hathaway company (NYSE: BRK-A, NYSE: BRK-B) since
2001, MiTek has operations in more than 40 countries on six continents.
Learn more: MiTek-us.com
and MII.com.

Contacts

Mezzanine International Media Contact:
Tanya Palmer, +44 (0) 7584
906913
[email protected]
or
MiTek
Media Contact:
John D. Wagner, 919-796-9984
[email protected]