Heinz to Merge with Kraft

Heinz is the buyer; will create 5th largest food & beverage company in the world, 3rd largest in North America.

Dave Fusaro, Editor in Chief
handshake

Two years after H.J. Heinz Co. was taken private and just weeks after Kraft Foods Group's "new" CEO cleaned out its executive suite, Heinz on March 25 announced it will buy Kraft in a cash and stock deal. 3G Capital and Berkshire Hathaway, who bought Heinz in 2013, apparently engineered the deal and will pay about $10 billion in cash to Kraft stockholders, while also giving them stock amounting to 49 percent of the new company. It will be called Kraft Heinz Co. and will maintain headquarters in both Pittsburgh and the Chicago area. The merger will create the fifth largest food & beverage company in the world, the companies said, and the third largest in North…

Full Story

Connect With the Top Food & Beverage Companies

Food Processing Top 100

Food Processing's annual list of the top 100 food and beverage companies in the United States and Canada is the only list of its kind. Nowhere else can you sort manufacturers by sales, rank or income all in one place. See the interactive list.

 fp top4

The Food Leaders Summit 2015

Join your industry peers April 27-29 to look closely at the transformative changes impacting every asect of the food industry -- and work collaboratively to succeed in this new environment.  Attend the event.

fls logo stack bk

 

Events

The Food Leaders Summit 2015

April 27-29, 2015, Chicago, Ill.

The Food Leaders Summit is your opportunity to look closely at the transformative changes impacting every asect of the food industry -- and work collaboratively with your industry peers to succeed in this new environment.

More Events

Most Recent

  • Product focus: Gluten-Free Foods

    The gluten-free market is cementing its staying power as more than a mere dietary fad, with mainstream retail brands and popular foodservice chains increasing their gluten-free offerings. According to "Gluten-Free Foods in the U.S., 5th Edition," from Packaged Facts, retail sales of gluten-free…

    Full Story
  • April 2015 New Food and Beverage Rollout

    Nestle USA to launch Dreyer's/Edy's Frozen Custard line Summer 2015 The frozen treat will be available in six flavors and will come short quart rounds. Read more about the ice cream line>> Organic Salad Dressings Pour on the Flavor Litehouse Foods introduces a line of wholesome dressings…

    Full Story
  • Editor's Plate: The Two Worlds of Food and Beverage

    By Dave Fusaro, Editor in Chief

    I just returned from my two favorite annual business trips relating to the food and beverage industry: the Consumer Analysts Group of New York (CAGNY) annual meeting and Natural Products Expo West. While it seems difficult to fit them under the same theme, there are some logical connections.

    Full Story
  • What is 'Natural' Food?

    By David Phillips, Technical Editor

    At a time when most trade shows are flattening or even shrinking, the 2015 Natural Products Expo West at the Anaheim (Calif.) Convention Center grew by more than 7 percent over the year prior, with more than 71,000 attendees and 2,700 exhibiting companies — among them 634 first-time exhibitors.

    Full Story
  • Even More New Products National Products Expo West 2015

    By Dave Fusaro, Editor in Chief

    In our first story on Natural Products Expo West we talked strictly about yogurts and coconut flakes – yogurts made from everything but cow's milk and claiming nationalities other than Greek, and how coconut flakes were showing up everywhere on the show floor. There was, of course, many more…

    Full Story
  • Dietary Guidelines May Eat Away at Freedom

    By Glenn Lammi, Chief Counsel, Washington Legal Foundation

    Every five years, the Dept. of Health and Human Services (HHS) and USDA jointly issue the latest iteration of the federal government's guidance on healthy eating, the Dietary Guidelines. The guidelines not only inform as to how government feeds its millions of employees (including the military) and…

    Full Story

Latest Products