Kraft-Heinz - M&A Summary, Ownership, and Business Overview

FoodCompany

Kraft-Heinz M&A Summary

Kraft-Heinz has acquired 11 companies of its own. A total of 6 acquisitions came from private equity firms. It has also divested 8 assets.

Kraft-Heinz’s largest acquisition to date was in 2008, when it acquired Golden Circle for $288M. It’s largest disclosed sale occurred in 2021, when it sold Planters Nut & Chocolate Company to Hormel Foods for $3.4B. Kraft-Heinz has acquired in 5 different US states, and 4 countries. The Company’s most targeted sectors include food (56%) and consumer products (23%).

Kraft-Heinz Ownership

Who owns Kraft-Heinz?

Kraft-Heinz is owned by 3G Capital and Berkshire Hathaway. It was acquired on February 14, 2013.

Is Kraft-Heinz PE-backed?

Yes. Kraft-Heinz is owned by private equity investors 3G Capital and Berkshire Hathaway.

Kraft-Heinz Business Overview

Where is Kraft-Heinz headquartered?

Kraft-Heinz is headquartered in Pittsburgh, Pennsylvania.

How many employees does Kraft-Heinz have?

Kraft-Heinz has 32,200 employees.

What sector is Kraft-Heinz in?

Kraft-Heinz is a food company.

When was Kraft-Heinz founded?

Kraft-Heinz was founded in 1869.

M&A Summary

  • M&A Total Activity17
    • M&A Buy Activity9
    • M&A Sell Activity8
  • Total Sectors Invested 4
  • Total Countries Invested 4
  • M&A Buy/Sell Connections 14
  • M&A Advisors 3

Kraft-Heinz, Inc.

One PPG Place,
Pittsburgh, Pennsylvania 15222
United States,
(412) 456-5700
www.heinz.com

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


M&A Summary

Buy vs Sell

Year ≤ '19 '20 '21 '22 '23 '24 T
Buy (0.0/yr) # 9 - - - - - 9
vol $488M $488M
Sell (0.2/yr) # 7 - 1 - - - 8
vol $735M $3.4B $4.1B
  17

Most Recent M&A

Company Date Value Type
Planters Nut & Chocolate Company 2021-02-11 3.4B USD Divestiture
Glenview, Illinois · www.planters.com
Primal Nutrition LLC (Primal Kitche) 2018-11-29 200M USD Add-on Acquisition
Oxnard, California · www.primalkitchen.com
The Kraft Heinz Co. 2015-03-25 - Merger
Northfield, Illinois · www.kraftheinzcompany.com
Dianne's Fine Desserts 2012-05-14 - Divestiture
Newburyport, Massachusetts · www.diannesfinedesserts.com
Appetizers And, Inc. 2009-12-18 - Divestiture
Chicacgo, Illinois · www.appetizersandinc.com
Golden Circle Ltd. 2008-12-01 288M USD Add-on Acquisition
Northgate, Australia · www.goldencircle.com.au
Bénédicta S.A. 2008-07-07 - Add-on Acquisition
Seclin, France · www.benedicta.com
Thermo Pac LLC 2008-01-01 - Divestiture
Stone Mountain, Georgia
HP Foods’ Ethnic Foods business 2006-01-01 - Trade Sale
, United Kingdom
Nancy's Specialty Foods, Inc. 2005-07-19 - Add-on Acquisition
Newark, California · www.nancys.com
View All >>

Business Unit M&A

Company Acquired Add-On/Sale Date #
The Kraft Heinz Co.    - Just Spices GmbH 2021-12-10 3
Northfield, Illinois · www.kraftheinzcompany.com Düsseldorf, Germany · www.justspices.com
The Kraft Heinz Co.    - Assan Foods 2021-06-11 2
Northfield, Illinois · www.kraftheinzcompany.com 34337, Turkey · www.assanfoods.com
The Kraft Heinz Co.    - Kraft Heinz’s Natural Cheese Division 2020-09-15 2
Northfield, Illinois · www.kraftheinzcompany.com Tulare, California
The Kraft Heinz Co.    - The Kraft Heinz Co. - Indian Brands 2018-10-24 1
Northfield, Illinois · www.kraftheinzcompany.com , India

M&A by Sector

Sector Buy # Value Sell # Value
Food 5 (56%) - 7 (88%) 3.4B (82%)
Consumer Products 2 (22%) 488M (100%) - -
Consumer Services 1 (11%) - 1 (13%) 735M (18%)
Distribution 1 (11%) - - -
Total 9 $488M 8 $4.1B

By Geo

State/Country Buy Value Sell Value
United States 6 200M 6 4.1B
  California 2 200M - -
  New York 1 - 1 735M
  Illinois 1 - 1 3.4B
  Colorado 1 - 1 -
  Oklahoma 1 - - -
  Missouri - - 1 -
  Massachusetts - - 1 -
  Georgia - - 1 -
United Kingdom 1 - 2 -
  Illinois 1 - 1 -
Australia 1 288M - -
France 1 - - -
Domestic 6 (67%) 200M (41%) 6 (75%) 4.1B (100%)
Cross-border 3 (33%) 288M (59%) 2 (25%) -
Total 9 $488M 8 $4.1B

Top M&A Advisors

Financial Deals
Lazard Ltd.
1
Legal Deals
Cravath, Swaine & Moore
1
Kirkland & Ellis
1

Deal Values

buy # Total
$100M to $1B 2 $488M
TOTAL $488M
Largest Golden Circle Ltd.
$288M (2008-12-01)
sell # Total
> $1B 1 $3.4B
$100M to $1B 1 $735M
TOTAL $4.1B
Largest Planters Nut & Chocolate Company
$3.4B (2021-02-11)

M&A Connections

Deals
Acquired from
Investor(s)
44%
4 (44%)
Divested to
Investor(s)
50%
4 (50%)
Strategic(s)
50%
4 (50%)

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