The statistic depicts H.J. Heinz Company's (Heinz) net sales worldwide in 2014, by region. In that year, the company generated net sales amounting to about 4.25 billion U.S. dollars in its core market, North America. as of today, Heinz is the most used ketchup brand in the United States. On July 2, 2015, the Kraft Foods Group completed the merger with Heinz to become The Kraft Heinz Company.
Net sales of the H.J. Heinz Company (Heinz) worldwide in 2014, by region
(in billion U.S. dollars)
On June 7, 2013, H. J. Heinz Company ("Heinz") was acquired by H.J. Heinz Holding Corporation (formerly known as Hawk Acquisition Holding Corporation) (“Parent”), a Delaware corporation controlled by Berkshire Hathaway Inc. (“Berkshire Hathaway”) and 3G Special Situations Fund III, L.P. (“3G Capital,” and together with Berkshire Hathaway, the “Sponsors”), pursuant to the Agreement and Plan of Merger, dated February 13, 2013 (the “Merger Agreement”), as amended by the Amendment to Agreement and Plan of Merger, dated March 4, 2013 (the “Amendment”), by and among Heinz, Parent and Hawk Acquisition Sub, Inc., a Pennsylvania corporation and an indirect wholly owned subsidiary of Parent (“Merger Subsidiary”), in a transaction hereinafter referred to as the “Merger.” As a result of the Merger, Merger Subsidiary merged with and into Heinz, with Heinz surviving as a wholly owned subsidiary of
H. J. Heinz Corporation II (formerly Hawk Acquisition Intermediate Corporation II) ("Holdings"), which in turn is an indirect wholly owned subsidiary of Parent. Each of the Sponsors own 425 million shares of common stock in Parent which, in turn, indirectly holds 1,000 shares of common stock in Holdings. In addition, Berkshire Hathaway has an $8.0 billion preferred stock investment in Parent which entitles it to a 9.0% annual dividend, and warrants to purchase approximately 46 million additional shares of common stock in Parent.
Numbers have been rounded to provide a better understanding of the statistic.
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Heinz. (March 15, 2015). Net sales of the H.J. Heinz Company (Heinz) worldwide in 2014, by region (in billion U.S. dollars) [Graph]. In Statista. Retrieved November 15, 2024, from https://www.statista.com/statistics/418835/heinz-company-s-net-sales-worldwide-by-region/
Heinz. "Net sales of the H.J. Heinz Company (Heinz) worldwide in 2014, by region (in billion U.S. dollars)." Chart. March 15, 2015. Statista. Accessed November 15, 2024. https://www.statista.com/statistics/418835/heinz-company-s-net-sales-worldwide-by-region/
Heinz. (2015). Net sales of the H.J. Heinz Company (Heinz) worldwide in 2014, by region (in billion U.S. dollars). Statista. Statista Inc.. Accessed: November 15, 2024. https://www.statista.com/statistics/418835/heinz-company-s-net-sales-worldwide-by-region/
Heinz. "Net Sales of The H.J. Heinz Company (Heinz) Worldwide in 2014, by Region (in Billion U.S. Dollars)." Statista, Statista Inc., 15 Mar 2015, https://www.statista.com/statistics/418835/heinz-company-s-net-sales-worldwide-by-region/
Heinz, Net sales of the H.J. Heinz Company (Heinz) worldwide in 2014, by region (in billion U.S. dollars) Statista, https://www.statista.com/statistics/418835/heinz-company-s-net-sales-worldwide-by-region/ (last visited November 15, 2024)
Net sales of the H.J. Heinz Company (Heinz) worldwide in 2014, by region (in billion U.S. dollars) [Graph], Heinz, March 15, 2015. [Online]. Available: https://www.statista.com/statistics/418835/heinz-company-s-net-sales-worldwide-by-region/