NEW YORK/FRANKFURT (Reuters) - Warren Buffett's Berkshire Hathaway Inc (BRKa.N) 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 (297 million pounds). The purchase enables Buffett, known for his optimism about the United States and the investment opportunities it offers, to expand in Europe despite its economic problems. Ute Louis, the widow of company founder Detlev Louis, had approached Berkshire about a possible transaction and sold the Hamburg-based company to a Berkshire unit, according to the law firm Beiten Burkhardt, which advised on the purchase.
via Business News http://ift.tt/17jQGyM
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