M&A Deal Summary

Heinz Acquires The Kraft Heinz

On March 25, 2015, Heinz acquired food company The Kraft Heinz

Acquisition Highlights
  • This is Heinz’s 5th transaction in the Food sector.
  • This is Heinz’s 5th transaction in the United States.
  • This is Heinz’s 2nd transaction in Illinois.

M&A Deal Summary
Date 2015-03-25
Target The Kraft Heinz
Sector Food
Buyer(s) Heinz
Deal Type Merger
Advisor(s) Centerview Partners (Financial)
Sullivan & Cromwell (Legal)

Target

The Kraft Heinz

Northfield, Illinois, United States
The Kraft Heinz Co. is a food and beverage conglomerate with a portfolio of brands spanning beverages, cheese, refrigerated meals and other categories. Kraft Foods Group was formed in 2012 as a spin-off from Mondelez International. The Company is based in Northfield, Illinois.

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Buyer(S) 1

Buyer

Heinz

Pittsburgh, Pennsylvania, United States
Category Company
Founded 1869
Sector Food
Employees32,200
Revenue 11.6B USD (2012)
DESCRIPTION
Heinz headquarters at One PPG Place in downtown Pittsburgh, Pennsylvania.
Heinz headquarters at One PPG Place in downtown Pittsburgh, Pennsylvania.

Heinz is a condiments and food processing company. The company was formed in 1869 and is based in Pittsburgh, Pennsylvania.

DEAL STATS #
Overall 8 of 9
Sector (Food) 5 of 5
Type (Merger) 1 of 1
State (Illinois) 2 of 2
Country (United States) 5 of 6
Year (2015) 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2012-05-14 Dianne s Fine Desserts

Newburyport, Massachusetts, United States

Dianne's Fine Desserts is a provider of gourmet frozen thaw and serve desserts to the foodservice industry, highly regarded national restaurant chains and in-store bakeries. Dianne's Fine Desserts is based in Newburyport, Massachusetts.

Sell -
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2018-11-29 Primal Nutrition

Oxnard, California, United States

Primal Nutrition LLC is a maker of Primal Kitchen branded products. Primal Kitchen is a young, vibrant, better-for-you brand primarily focused on Condiments, Sauces and Dressings including Mayonnaise, Salad Dressings, and Avocado Oil, with growing product lines in Healthy Snacks and other categories.

Buy $200M
Mergr

Product

Company

Legal