Sunday August 9, 2020

Heinz-Kraft merger gives plenty of food for thought

13th April, 2015
Warren Buffett is happy about the merger of Heinz and Kraft, but not everyone is pleasedBloomberg

How much money is there to be made from ketchup, or macaroni and cheese? Those were, presumably, among the questions asked by legendary investor Warren Buffett and his allies in preparation for a huge merger deal that was announced last week.

The proposed merger will bring together Heinz, which is controlled by Buffett’s Berkshire Hathaway and Brazilian investment company 3G Capital, and Kraft.

Heinz is known the world over for its tomato ketchup,...

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