M&A Deal Summary

The Kraft Heinz Co. Acquires Hemmer

On September 23, 2021, The Kraft Heinz Co. acquired food company Hemmer

Acquisition Highlights
  • This is The Kraft Heinz Co.’s 2nd transaction in the Food sector.
  • This is The Kraft Heinz Co.’s 1st transaction in Brazil.

M&A Deal Summary

Date 2021-09-23
Target Hemmer
Sector Food
Buyer(s) The Kraft Heinz Co.
Deal Type Add-on Acquisition

Target

Hemmer

Blumenau, Brazil
Hemmer is a producer and seller of several types of picked and preserved food, condiments, olive oil, and beverages. The company’s longevity, unusual for the Brazilian landscape, and solidity are a consequence of the quality of the products offered to consumers and the commitment and dedication put into the work. Hemmer was formed in 1915 and is based in Blumenau, Brazil.

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Buyer(S) 1

Buyer

The Kraft Heinz Co.

Northfield, Illinois, United States

Category Company
Sector Food
Employees22,500
Revenue 18.2B USD (2013)
DESCRIPTION

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.


DEAL STATS #
Overall 2 of 3
Sector: Food M&A 2 of 3
Type: Add-on Acquisition M&A Deals 1 of 1
Country: Brazil M&A 1 of 1
Year: 2021 M&A 2 of 3
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2021-06-11 Assan Foods

34337, Turkey

Assan Foods is a producer of tomato paste, ketchup, mayonnaise and various tomato sauces for world cuisines to over 30 countries on 4 continents. Assan Foods was founded in 1998 and is based in Istanbul, Turkey.

Buy $100M
FOLLOWING DEAL
DATE TARGET DEAL TYPE VALUE
2021-12-10 Just Spices

Düsseldorf, Germany

Just Spices is a manufacturer and producer of spice blends and pure spices for the household sector. Just Spices sells its broad portfolio of over 200 different products through its own online shop, the food retail trade, and corporate customers. Just Spices was founded in 2014 and is based in Düsseldorf, Germany.

Buy -