Heinz

The H. J. Heinz Company, or Heinz, is a food processing company with world headquarters in Pittsburgh, Pennsylvania. It was founded by Henry Heinz in 1888. The H. J. Heinz Company manufactures thousands of food products in plants on six continents, and markets these products in more than 200 countries and territories. The company claims to have 150 number-one or number two-brands worldwide. Heinz ranked first in ketchup in the US with a market share in excess of 50%; Ore-Ida label held than 46% of the frozen-potato sector in 2003.

Since 1896, the company has used its "57 Varieties" slogan; it was inspired by a sign advertising 21 styles of shoes, and Henry Heinz chose the number 57 even though the company manufactured more than 60 products at the time.

Subject ID: 12055

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The H. J. Heinz Company, or Heinz, is a food processing company with world headquarters in Pittsburgh, Pennsylvania. It was founded by Henry Heinz in 1888. The H. J. Heinz Company manufactures thousands of food products in plants on six continents, and markets these products in more than 200 countries and territories. The company claims to have 150 number-one or number two-brands worldwide. Heinz ranked first in ketchup in the US with a market share in excess of 50%; Ore-Ida label held than 46% of the frozen-potato sector in 2003.

Since 1896, the company has used its "57 Varieties" slogan; it was inspired by a sign advertising 21 styles of shoes, and Henry Heinz chose the number 57 even though the company manufactured more than 60 products at the time.

In February 2013, Heinz agreed to be purchased by Berkshire Hathaway and 3G Capital for $23 Billion. On March 25, 2015, Kraft announced its merger with Heinz, arranged by Berkshire Hathaway and 3G Capital.

Subject ID: 12055

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