Comment on HJ Heinz buying Kraft in deal to build food giant

HJ Heinz buying Kraft in deal to build food giant

Berkshire Hathaway, Heinz parent engineer big transaction NEW YORK — H.J. Heinz Co. is buying Kraft Foods, creating one of the largest food and beverage companies in the world with annual revenue in excess of $28 billion. That means the Kraft plant in Champaign -- one of the company's largest production facilities and a major Champaign employer, will have a much larger parent compny.with many more brands. read more

 

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