Brazilian private equity investment firm 3G Capital has been busy integrating the former Kraft Foods Group into H.J. Heinz as many of the company’s best-known brands are struggling to keep up with consumers’ shifting tastes for less-processed foods, the Wall Street Journal reports.
Kraft Heinz Co. (Nasdaq: KHC), which was formed last month, owns some of the best-known names in food, including Kraft, Heinz, Oscar Mayer and Velveeta. And some analysts think 3G could take on even more acquisitions.
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