On July 2, 2015, Kraft Foods Group and H.J. Heinz Company completed a merger to form The Kraft Heinz Company, engineered by the private equity firm 3G Capital together with Berkshire Hathaway, which had jointly taken Heinz private with 3G Capital in 2013. This description is adapted from Wikipedia contributors under CC BY-SA 4.0; changes were made. https://creativecommons.org/licenses/by-sa/4.0/
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The 2015 merger of Kraft Foods Group and H.J. Heinz, engineered with private equity financing, is a finance-practice case study in leveraged consumer-goods merger structuring.
Source Wikipedia, Kraft Heinz
Source Wikipedia, Kraft Heinz
Source Wikipedia, Kraft Heinz
Berkshire Hathaway, chaired by Buffett, had taken H.J. Heinz private jointly with 3G Capital in 2013 and remained a major shareholder through the 2015 merger.
Source Wikipedia, Kraft Heinz
Companies Involved
Source Wikipedia, Kraft Heinz
Sources
1. Wikipedia, Kraft Heinz
WikipediaFormation and early years
The transaction was completed on July 2, 2015, creating The Kraft Heinz Company.
- Associated With: The Kraft Heinz Company
- Associated With: Warren Buffett
- Associated With: Finance
- Companies Involved: The Kraft Heinz Company
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