Kraft Heinz: brands it owns and its ownership tree
Kraft Heinz (NASDAQ: KHC) is a publicly listed company headquartered in Chicago, Illinois and Pittsburgh, Pennsylvania, United States that owns 21 consumer brands across 2 categories, and has 1 recorded transaction.[1]
Kraft Heinz was created in 2015 by the merger of Kraft Foods Group and H. J. Heinz, a deal engineered by 3G Capital and Berkshire Hathaway. Berkshire Hathaway remains its largest shareholder.
Hormel bought the Planters nut business from Kraft Heinz, which was selling non-core brands to reduce debt after the failure of its cost-cutting strategy. It was the largest acquisition Hormel had made.