US-based food company HJ Heinz is evaluating plans to cut about 250 jobs in the UK and Ireland, as part of an effort to restructure its business. This move comes after comes after the sale of the company to an investment consortium ...
Berkshire Hathaway and 3G Capital have completed the previously announced $28bn acquisition of American food company HJ Heinz. The consortium had entered into an agreement on 14 February to acquire Heinz for $28bn, including the ...
Tags: 3G Capital, HJ Heinz
The Australian Competition and Consumer Commission (ACCC) authorities have opposed US-based food giant HJ Heinz's proposed acquisition of organic baby food producer Rafferty's Garden. This decision follows a review of the transaction for ...
Tags: Agriculture, Food, baby food
General Motors will again be listed on the Standard & Poor’s 500 Index after being removed from the American equities listing in 2009 after filing for bankruptcy in the wake of the global financial crisis. Returning to the S&P 500, ...
Tags: General Motors, S&P 500
American food company Heinz has announced that it has received all regulatory approvals to sell itself to the investment consortium comprised of Warren Buffett's Berkshire Hathaway and private equity firm 3G Capital. The transaction, ...
Tags: Heinz, Regulatory Approvals
The Chinese Ministry of Commerce has approved the previously announced agreement of Heinz takeover by an investment consortium comprised of Berkshire Hathaway and 3G Capital. The transaction, which remains subject to certain customary ...
Tags: Heinz, 3G Capital
Ardagh Group and US food processing company HJ Heinz have formed a packaging development partnership to create a 300g jar for the European launch of a new culinary ketchups range. According to the glass products producer Ardagh, the new ...
Tags: Packaging Development, Packaging
Burger King chief executive officer Bernardo Hees will become the next chief of ketchup producer HJ Heinz, following its $28bn acquisition by Warren Buffett’s Berkshire Hathaway and Brazilian private-equity firm 3G Capital. However, ...
Tags: Bernardo Hees, HJ Heinz
The Competition Commission of India (CCI) has approved Warren Buffett's Berkshire Hathaway and 3G Capital proposed acquisition of American food company HJ Heinz. CCI said that the transaction is not likely to have any adverse effect on ...
Tags: Berkshire Hathaway, 3G Capital's Acquisition, Agriculture
The Food Safety Authority of Ireland (FSAI) has published the second round of the food industry’s own tests, which were carried out over the last three weeks. The tests revealed that a total of three samples contained horsemeat. A ...
Tags: Foods, horsemeat, Foods products
Brazilian investment firm 3G Capital’s owner Jorge Paulo Lemann has acquired 20% stake in icecream manufacturer Diletto for BRL100m ($50.5m). The transaction was completed in January and was handled through Innova, a fund controlled ...
Tags: ice cream firm, ice cream, icecream
American food company HJ Heinz is set to sell its packaged frozen food business Long Fong to China-based frozen food manufacturer Sanquan Foods for an undisclosed amount. The move is a part of Heinz's strategy to de- emphasize non-core ...
Tags: HJ Heinz, packaged frozen food, Long Fong
Investment firms Warren Buffett's Berkshire Hathaway and 3G Capital have entered into a definitive merger agreement to acquire American food company HJ Heinz for $28bn in cash, including the assumption of Heinz’s outstanding debt. ...
Tags: Berkshire Hathaway, 3G Capital, HJ Heinz
The Coca-Cola Company has announced that it has distributed more than 10 billion recyclable PlantBottle packages across the globe The drinks giant has recently published its 2011-2012 global sustainability report. It said that it had ...
Tags: Coca-Cola, sustainability, packages, recyclable PlantBottle packages
HJ Heinz Canada is all set to unveil its new eco-friendly ketchup bottle later this month. The bottle is made from up to 30% plant-based material, using Coca-Cola’s PlantBottle packaging. The new packaging is made with a process ...
Tags: ketchup bottle, Eco-Friendly Bottle, PlantBottle packaging