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H.J. Heinz

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Top H.J. Heinz Articles see all

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  • Justin Fox: Kraft was global, then it wasn't. Now it tries again

    Justin Fox: Kraft was global, then it wasn't. Now it tries again
    As you may have heard, those smart people at 3G Capital have this really brilliant idea for jump-starting growth at Kraft, part of what henceforth will be called Kraft Heinz (but should be called Heinzkraft): globalization! Kraft gets 98 percent of its sales from North America; Heinz gets 61 percent of its sales from outside of North America. This is a big opportunity, then, to "leverage Heinz's existing international infrastructure for expansion," as the Heinzkrafters put it in an investor presentation.
  • What does the Heinz-Kraft deal mean for General Mills?

    MINNEAPOLIS General Mills Inc. doesn't have to worry about 3G Capital and Warren Buffett taking a run at it anytime soon, analysts say. The long term is another story. Consolidation rumblings in the food industry will intensify after the megadeal...

    Heinz's appetite grows with deal to acquire Kraft

    Heinz's appetite grows with deal to acquire Kraft
    H.J. Heinz is buying Kraft Foods in a deal that gives Kraft the chance to bring its iconic American foods to international markets while boosting Heinz's sales in the U.S. The acquisition, announced Wednesday with backing from Heinz owners Berkshire...

    HJ Heinz buys Kraft to build $28 billion food giant

    Some of the most familiar names in ketchup, pickles, cheese and hot dogs are set to come under the same roof after H.J. Heinz Co. announced plans Wednesday to buy Kraft and create one of the world's largest food and beverage companies. The deal would...

    HJ Heinz buying Kraft and building a $28 billion food giant

    H.J. Heinz Co. is buying Kraft Foods, creating one of the largest food and beverage companies in the world with annual revenue of about $28 billion. The Kraft Heinz Co. will own Kraft, Heinz, Oscar Mayer, Ore-Ida and large stable of other brands....