Sentences with phrase «ketchup maker»
The phrase "ketchup maker" refers to a person or company that produces or manufactures ketchup, which is a popular red sauce commonly used as a condiment for food. Full definition
Led by billionaire Jorge Paulo Lemann, a former Brazilian tennis champion, 3G also worked with Buffett to put together a US$ 23 - billion deal to buy ketchup maker Heinz last year.
macleans.ca
The maker of Velveeta cheese will merge with ketchup maker H.J. Heinz Co, owned by 3G Capital and Warren Buffett's Berkshire Hathaway Inc..
The debt - laden ketchup maker was recently the subject of a US$ 23 - billion joint buyout from 3G Capital, a private - equity firm based in Brazil, and Warren Buffett's Berkshire Hathaway.
3G teamed up with Buffett to acquire Ketchup maker H.J. Heinz for $ 23.2 billion two years ago.
While ketchup maker Heinz was teasing the potential release of «mayochup,» leading mayonaise maker Hellmann's announced its entrance into the natural ketchup world.
He first bought up insurance companies and then a whole host of other kinds of companies, including retailer Nebraska Furniture Mart, See's Candies, catalog company Oriental Trading, ice cream scooper Dairy Queen, underwear maker Fruit of the Loom, railroad firm Burlington Northern, and, most recently in partnership with Brazilian investment firm 3G, ketchup maker Heinz.
He also sits on the board of Heinz, a role he added when 3G Capital bought the ketchup maker in 2013.
Unilever's executives should think twice before turning away the ketchup maker.
With salsa overtaking ketchup in sales volume in 1992, it made sense that the ketchup makers would fight back.
In 2015, Brazilian investment firm 3G Capital and Warren Buffett's Berkshire Hathaway helped the ketchup maker take over Kraft Foods for $ 40bn, this site previously reported.
The deal is another in the mold of the Heinz transaction Warren Buffet completed last year where he partnered with 3G Capital to buy the ketchup maker for over $ 23 billion.