keyboard_arrow_upKraft and Heinz combine to form food giant
keyboard_arrow_downKraft and Heinz combine to form food giant

Two of the biggest names in packaged foods, Kraft and Heinz, are merging in a deal orchestrated by Warren Buffett and Brazilian private-equity firm 3G Capital Partners L.P. This will result in creating one of the world’s largest food and beverage companies. The combined company, which will be called the Kraft Heinz Co., will have revenue of about US$28 billion and include well-known brands such as Oscar Mayer meats, Maxwell House coffee, Jell-O, and Planters nuts, along with the namesake Kraft cheese products and Heinz ketchup and condiments.