Content about Heinz

February 14, 2013
Heinz taken out by Buffet’s Berkshire Hathaway

In the food industry’s largest ever acquisition, the H.J. Heinz Company has agreed to be acquired by an investment consortium of Berkshire Hathaway and 3G Capital.

In the food industry’s largest ever acquisition, the H.J. Heinz Company has agreed to be acquired by an investment consortium of Berkshire Hathaway and 3G Capital.

 

Heinz shareholders will receive $72.50 a share in cash, a 20% premium to the prior day’s closing price of $60.48, which was at an all time high.

November 20, 2012
Brands rule at Heinz

Strong sales of the top 15 brands at H.J. Heinz enabled the company to produce its 30th consecutive quarter of organic sales growth, the company announced Tuesday.

The company's top 15 brands collectively produced organic sales growth of 4.6%, led by Heinz, Quero, ABC, Classico, Golden Circle, Master and Ore-Ida brands. Global Ketchup delivered organic sales growth of 5% thanks to a strong performance in U.S., Brazil and Russia.

November 20, 2012
Brands rule at Heinz

Strong sales of the top 15 brands at H.J. Heinz enabled the company to produce its 30th consecutive quarter of organic sales growth, the company announced Tuesday.

The company's top 15 brands collectively produced organic sales growth of 4.6%, led by Heinz, Quero, ABC, Classico, Golden Circle, Master and Ore-Ida brands. Global Ketchup delivered organic sales growth of 5% thanks to a strong performance in U.S., Brazil and Russia.

June 26, 2012
Heinz names new head of North America division

Heinz has named Dave Woodward EVP in charge of Heinz North America, effective immediately.

PITTSBURGH — Heinz has named Dave Woodward EVP in charge of Heinz North America, effective immediately.