In February 2013, Heinz agreed to be purchased by Berkshire Hathaway and the Brazilian investment firm 3G Capital for $23billion.
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11 Facts About Heinz
2.
The resulting Kraft Heinz Company is the fifth largest food company in the world.
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3.
The young Heinz manufactured it in the basement of his father's former house.
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4.
Heinz was the first non-family member to hold the job since the company started in 1869.
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5.
Heinz moved to Pittsburgh in 1971 when he was promoted to Senior Vice President for the North America and Pacific region.
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6.
Heinz faced challenges from corporate governance groups and pension funds including CalPERS.
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7.
In 2001, Heinz acquired the pasta sauce, dry bouillon and soup business of Borden Foods.
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8.
In 2002, Heinz announced that it had sold the StarKist and 9Lives brands to Del Monte Foods.
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9.
In June 2008, Heinz began an advertising campaign in the UK for their new "New York Deli Mayo" products.
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10.
In 2019, Heinz sold a portion of the business, including Complan and Glucon-D, for $627.
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11.
In July 2001, the Food Standards Agency of the Government of the United Kingdom found Heinz canned baked beans products to be contaminated with the hormone disruptor bisphenol.
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