Kraft Heinz

The Kraft Heinz Company
Company typePublic
IndustryFood
FoundedJuly 2, 2015; 9 years ago (2015-07-02)
Headquarters
Chicago, Illinois and Pittsburgh, Pennsylvania
,
United States
Area served
Worldwide
Key people
Todd Kaplan (CMO)
Products
RevenueIncrease US$26.64 billion (2023)
Increase US$4.572 billion (2023)
Increase US$2.846 billion (2023)
Total assetsDecrease US$90.34 billion (2023)
Total equityIncrease US$49.67 billion (2023)
Owners
Number of employees
c. 36,000 (2023)
Divisions
Websitekraftheinzcompany.com
Footnotes / references
Financials as of fiscal year ended December 30, 2023.
References:[3]

The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (/ˈkræft ˈhaɪnz/), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.[4][5] Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the world with over $26.0 billion in annual sales as of 2021.[6][7]

In addition to Kraft and Heinz, over 20 other brands are part of the company's profile, including Boca Burger, Gevalia, Grey Poupon, Oscar Mayer, Philadelphia Cream Cheese, Primal Kitchen, and Wattie's, eight of which have total individual sales of over $1 billion.[8] Kraft Heinz ranked 114th in the 2018 Fortune 500 list of the largest United States corporations based on 2017 total revenue.[9]

  1. ^ "Kraft Heinz will slim down to fit into new Aon Center HQ space". Crain's Chicago Business. July 16, 2015. Retrieved April 26, 2020.
  2. ^ "Why Kraft Heinz Is Warren Buffett's Worst Bet". YouTube. Retrieved April 16, 2024.
  3. ^ "SEC Form 10-K". U.S. Securities and Exchange Commission. February 15, 2024.
  4. ^ "The Kraft Heinz Company – Locations". www.kraftheinzcompany.com. Retrieved April 26, 2020.
  5. ^ "Kraft Heinz headquarters to move to Chicago". Chicago Tribune.
  6. ^ "The Kraft Heinz Company". www.kraftheinzcompany.com. Retrieved February 11, 2021.
  7. ^ "Form 8-K". Kraft Heinz Company. U.S. Securities and Exchange Commission. Retrieved February 11, 2021.
  8. ^ "The Kraft Heinz Company". www.kraftheinzcompany.com. Archived from the original on June 8, 2019. Retrieved June 26, 2019.
  9. ^ "Fortune 500 Companies 2018: Who Made the List". Fortune. Archived from the original on November 10, 2018. Retrieved November 10, 2018.