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PT Heinz ABC Indonesia is an Indonesia-based food and drink subsidiary of Kraft Heinz, based in Jakarta, and manufactures sauces, condiments, juices and syrups. ABC brand was previously owned by PT ABC Central Food Industry, a company that was bought by Heinz in 1999.
On March 25, 2015, Kraft announced its merger with Heinz, arranged by Berkshire Hathaway and 3G Capital. The resulting Kraft Heinz Company is the fifth largest food company in the world. Berkshire Hathaway became a majority owner of Heinz on June 18, 2015.
The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (/ ˈ k r æ f t ˈ h aɪ n z /), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.
Kraft Foods Group, Inc. (doing business as Kraft Foods Group) is an American food manufacturing and processing conglomerate, split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.
The company announced closures of 19 production facilities worldwide and the reduction of 5,500 jobs, as well as the sale of 10% of its branded products. On January 19, 2010, Kraft sealed the deal to buy 100% of the share capital of Cadbury for over $19 billion.
It's impossible to say whether or not it would be a good move for Kraft Heinz to sell Oscar Mayer because it depends entirely on how management used its windfall payday.