Tim Horton's - Maybe now will have more in the U.S.?
My favorite late night spot Timmy's is being eaten up again, well only indirectly by Buffett. I know some folks don't like Timmy's, but it has been one of my late night places after my adult activities in Toronto area! Now it has some more brother/sister companies!
Heinz is buying Kraft foods to form the world's fifth largest food and beverage company.
Being done with $10 billion from Warren Buffett's company and Brazilian 3G Capital who owns Heinz.
Further down the food chain this includes:
Jell-O, Maxwell House coffee, Planters peanuts, Kool-Aid, Grey Poupon mustard, Philadelphia Cream Cheese, Trident Gum, Oreo cookies, Velvetta cheese, Oscar Mayer meats, etc., etc.
3G and Buffett's Berkshire Hathaway helped Burger King buy out Tim Hortons for $11.4 billion
From its base in Brazil, 3G has become a powerhouse in the world of food brands. The firm, which counts billionaire financier Jorge Paulo Lemann among its owners, has made daring moves for companies like Burger King and Tim Hortons.
Many in the deal community and in Brazil have speculated about when the acquisitive firm would seek out another big-name consumer brand. Previous rumors had centered on companies like Campbell Soup.
In the world of mergers and acquisitions, 3G has won acclaim for its prowess both in striking deals and in improving companies once it has bought them. The firm has a reputation for solid management and relentless cost-cutting. At Burger King, for example, the firm sold off the restaurant chain’s corporate jet and did away with an annual $1 million party in Italy.
Four months after Berkshire and 3G Capital’s takeover of Heinz, 11 of the top 12 Heinz executives were replaced. This was followed by a series of layoffs.
My favorite late night spot Timmy's is being eaten up again, well only indirectly by Buffett. I know some folks don't like Timmy's, but it has been one of my late night places after my adult activities in Toronto area! Now it has some more brother/sister companies!
Heinz is buying Kraft foods to form the world's fifth largest food and beverage company.
Being done with $10 billion from Warren Buffett's company and Brazilian 3G Capital who owns Heinz.
Further down the food chain this includes:
Jell-O, Maxwell House coffee, Planters peanuts, Kool-Aid, Grey Poupon mustard, Philadelphia Cream Cheese, Trident Gum, Oreo cookies, Velvetta cheese, Oscar Mayer meats, etc., etc.
3G and Buffett's Berkshire Hathaway helped Burger King buy out Tim Hortons for $11.4 billion
From its base in Brazil, 3G has become a powerhouse in the world of food brands. The firm, which counts billionaire financier Jorge Paulo Lemann among its owners, has made daring moves for companies like Burger King and Tim Hortons.
Many in the deal community and in Brazil have speculated about when the acquisitive firm would seek out another big-name consumer brand. Previous rumors had centered on companies like Campbell Soup.
In the world of mergers and acquisitions, 3G has won acclaim for its prowess both in striking deals and in improving companies once it has bought them. The firm has a reputation for solid management and relentless cost-cutting. At Burger King, for example, the firm sold off the restaurant chain’s corporate jet and did away with an annual $1 million party in Italy.
Four months after Berkshire and 3G Capital’s takeover of Heinz, 11 of the top 12 Heinz executives were replaced. This was followed by a series of layoffs.
