The Kraft Heinz Company

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The Kraft Heinz Company

logo
legal form Corporation
ISIN US5007541064
founding 2015
Seat Chicago and Pittsburgh ,
United States
management Bernardo Hees ( CEO until June 30, 2019)
Number of employees 39,000
sales 26,232,000,000 US dollars
Branch Food
Website www.kraftheinzcompany.com
As of December 30, 2017

The Kraft Heinz Company is an American , global food group that was formed in 2015 from the merger of Kraft Foods and the HJ Heinz Company . According to its own information, the company is the fifth largest food producer in the world. The company has two headquarters in Chicago and Pittsburgh .

With a turnover of 26.5 billion US dollars and a profit of 11.1 billion US dollars, Kraft Heinz ranks 126th among the world's largest companies according to Forbes Global 2000 (as of FY 2017). The company had a market capitalization of approximately $ 30 billion in June 2019.

history

The group was created on July 2, 2015 from a merger of the US food manufacturer Kraft Foods Group and the HJ Heinz Company .

The Kraft Foods Group was formed in 2012 by splitting the Kraft Foods Inc group into two companies: Mondelēz International Inc. and Kraft Foods Group . Kraft Foods Inc was a successor to the company founded in 1903 by James Lewis Kraft in Chicago.

The HJ Heinz Company goes back to the Heinz, Noble & Company company founded by Henry John Heinz in 1869 .

In March 2015, plans to merge the two companies with the help of investor Warren Buffett became known. The merger was completed on July 2, 2015. Buffett now holds 27 percent of Kraft Heinz's stock.

In February 2017, Kraft Heinz made a takeover offer of 143 billion US dollars for the British-Dutch consumer goods manufacturer Unilever , which, however, turned it down.

In February 2017, the share price was at a record high of $ 97, and in April 2019 it was down $ 33. In the same month, the Board of Directors appointed Miguel Patricio as the new CEO from July 1, 2019.

Brands

A total of over 200 brands are produced and sold. The company's best-known brands are Kraft (including Philadelphia ) and Heinz (tomato ketchup).

See also

Web links

Individual evidence

  1. ↑ a b Miguel Patricio
  2. ^ New Senior Leadership Team Announced for The Kraft Heinz Company
  3. ↑ a b The Kraft Heinz Company 2017 Annual Report. Accessed April 28, 2019 .
  4. ↑ About the Kraft Heinz Company ( memento of July 24, 2015 in the Internet Archive ), at www.ir.kraftheinzcompany.com, accessed on July 24, 2015
  5. ↑ Officials: Heinz Field name will not change with merger deal. In: Pittsburgh Post Gazette. March 25, 2015, accessed October 10, 2015 .
  6. ^ The Kraft Heinz Company ntv.
  7. ↑ Heinz Ketchup and Kraft Foods merge with the help of US star investor Buffett ( Memento August 3, 2015 in the Internet Archive ), accessed on July 24, 2015
  8. ^ The Kraft Heinz Company Announces Successful Completion of the Merger between Kraft Foods Group and HJ Heinz Holding Corporation , at www.news.heinz.com, accessed July 24, 2015
  9. ↑ Katharina Kort: Kraft Heinz, Nestlé, Coca-Cola: Fast food is out. In: handelsblatt.com . February 26, 2019, accessed February 26, 2019 .
  10. ↑ Handelsblatt (February 17, 2017): Kraft Heinz wants to take over Unilever . Retrieved April 15, 2017.
  11. ↑ Welt Online (February 19, 2017): Kraft Heinz withdraws billion-euro offer for Unilever . Retrieved April 15, 2017
  12. ↑ Food practice: Miguel Patricio: Becomes CEO at Kraft Heinz. Accessed June 12, 2019 (German).
  13. ^ Fact Sheet, The Kraft Heinz Company , accessed July 24, 2015