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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.
History Precursor. Kraft Foods traced its roots to the National Dairy Products Corporation, formed on December 10, 1923, by Thomas H. McInerney and Edward E. Rieck. The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry. Through acquisitions it expanded into a full range of dairy products.
On March 25, 2015, Kraft announced its merger with Heinz, arranged by Berkshire Hathaway and 3G Capital. [9] [10] The resulting Kraft Heinz Company is the fifth largest food company in the world. [11] Berkshire Hathaway became a majority owner of Heinz on June 18, 2015.
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 present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its grocery business was spun off to a new company called Kraft Foods Group.
Henry John Heinz (October 11, 1844 – May 14, 1919) was an American entrepreneur who, at the age of 25, co-founded a small horseradish business in Sharpsburg, Pennsylvania.
Oscar Mayer is an American meat and cold cut producer known for its hot dogs, bologna, bacon, ham, and Lunchables products. The company is a subsidiary of the Kraft Heinz Company and based in Chicago, Illinois .
Heinz Tomato Ketchup is a brand of ketchup manufactured by the H. J. Heinz Company, a division of the Kraft Heinz Company. History [ edit ] It was first marketed as " catsup " in 1876. [1]
Kool-Aid is an American brand of flavored drink mix owned by Kraft Heinz based in Chicago, Illinois. The powder form was created by Edwin Perkins in 1927 based upon a liquid concentrate named Fruit Smack.
Ore-Ida is an American brand of potato-based frozen foods currently produced and distributed by Kraft Heinz's, H.J. Heinz Company Brands LLC. based in Pittsburgh, Pennsylvania. Ore-Ida's primary production facility is located in Ontario, Oregon near the Idaho border where the company was originally founded in 1949.