HJ Heinz Co

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Heinz, Kraft to Become Food Giant

Merger will make them continent's No. 3 food and beverage company

(Newser) - News that might interest those whose favorite pantry staples are ketchup and mac and cheese: Kraft Foods Group Inc. and H.J. Heinz Co. have announced they will merge in a deal that will create the Kraft Heinz Co.—the third largest food and beverage company on the continent... More »

Tomatoes as Car Parts? Heinz, Ford Team Up

Idea is to recycle skins, stems into plastic

(Newser) - Two statements you wouldn't think would be connected: 1) Heinz ends up with a lot of extra tomato parts after making ketchup. 2) Ford Motor Co. needs a lot of material for car parts. The two companies announced today that they're teaming up to try to turn all... More »

Buffett and Co. to Buy Heinz

In largest deal in food industry history

(Newser) - An investment group including Warren Buffett has agreed to buy HJ Heinz Co., in what the company says will be the largest deal in food industry history. Shareholders will get $72.50 in cash for each common share, a 20% premium on yesterday's closing price, meaning the deal values... More »

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