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Kraft and Heinz complete merger

2015-07-06 01:00:00| Food Processing Technology

The Kraft Heinz Company has completed the previously announced merger of Kraft Foods Group and HJ Heinz, which has the potential of creating the third largest food and beverage company in North America.

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It's now the Kraft Heinz Co.

2015-07-03 00:25:13| Food - Topix.net

The merger of the H.J. Heinz Co. and Kraft Foods Group has been completed, according to an announcement from the new company.

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Kraft shareholders approve sale of company to Heinz

2015-07-01 19:55:00| Food - Topix.net

Kraft shareholders have approved the sale of the company to ketchup maker H.J. Heinz, creating one of the world's largest food companies with annual revenue of about $28 billion. Heinz' owners, Warren Buffett's Berkshire Hathaway and the Brazilian investment firm 3G Capital engineered the deal, first announced in March, and will control 51 percent of the new Kraft Heinz Co.

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With Kraft Heinz merged, now comes the cutting

2015-07-01 19:54:58| Food - Topix.net

Kraft Foods Group shareholders voted Wednesday to approve the company's sale to H.J. Heinz, a deal that brings together two storied packaged-food companies vying for attention as consumers look for healthier, fresher fare. Many of Kraft's top leaders, including Chief Financial Officer James Kehoe, will leave the food maker soon after it combines with H.J. Heinz, the companies said Monday.

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Heinz executives to dominate Kraft Heinz leadership

2015-06-30 00:54:40| Food - Topix.net

The leadership of Kraft Heinz Co will be dominated by former executives of H.J. Heinz Co after that company merges with Kraft Foods Group Inc Eight of the 10 executives named on Monday to the combined company's senior leadership team come from Heinz, including Chief Financial Officer Paulo Basilio. They will work under Bernardo Hees, who is to become Kraft Heinz's chief executive after holding the same position at Heinz.

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