Profile: Kraft Heinz Co (KHC.O)
19 Jul 2019
The Kraft Heinz Company (Kraft Heinz), incorporated on February 8, 2013, is a food and beverage company. The Company is engaged in the manufacturing and marketing of food and beverage products, including condiments and sauces, cheese and dairy, meals, meats, refreshment beverages, coffee and other grocery products. The Company's segments include the United States, Canada and Europe. The Company's remaining businesses are combined as Rest of World. The Rest of World consists of Latin America and Asia, Middle East and Africa (AMEA). The Company provides products for various occasions whether at home, in restaurants or on the go. The Company's brands include Heinz, Kraft, Oscar Mayer, Philadelphia, Planters, Velveeta, Lunchables, Maxwell House, Capri Sun, and Ore-Ida. The Company's products are sold through its own sales organizations and through independent brokers, agents and distributors to chain, wholesale, cooperative and independent grocery accounts, convenience stores, drug stores, value stores, bakeries, pharmacies, mass merchants, club stores, foodservice distributors and institutions, including hotels, restaurants, hospitals, healthcare facilities and certain government agencies.
The Company purchases and uses large quantities of commodities, including dairy products, meat products, coffee beans, nuts, tomatoes, potatoes, soybean and vegetable oils, sugar and other sweeteners, corn products, wheat and other goods to manufacture its products. In addition, the Company purchases and uses significant quantities of resins and cardboard to package its products and natural gas to operate its facilities. It sells some products under brands, it licenses from third parties, including Capri Sun packaged drink pouches for sale in the United States, T.G.I. Friday's frozen snacks and appetizers in the United States and Canada, McCafe ground, whole bean and single cup coffees in the United States and Canada, Taco Bell Home Originals Mexican-style food products in the United States grocery stores and Weight Watchers Smart Ones frozen entrees, snacks and desserts in the United States and Canada.
Kraft Heinz Co
1 Ppg Pl
PITTSBURGH PA 15222-5415
Company Web Links
- N.Y.C. pension funds allege ethics, contract breaches by Bernstein Litowitz, Kessler Topaz
- Kraft Heinz completes internal probe into its procurement practices
- UPDATE 1-Kraft Heinz completes internal probe into its procurement practices
- Kraft Heinz completes internal investigation on procurement practices
- Deals of the day-Mergers and acquisitions