Heinz trade card from the 19th century, promoting various products. His mother Anna was from Haunetal, Hesse-Kassel, and they met in Pittsburgh. His father was originally from Kallstadt (then part of the Bavarian Rhenish Palatinate, now part of Rhineland-Palatinate). Heinz, who was born in the United States to German immigrants. Heinz was founded by and is named for Henry J. The merger to form Kraft Heinz was completed on July 2, 2015. After exercising a warrant to acquire 46 million shares of common stock for a total price of over $461 million, Berkshire increased its stake to 52.5%. Berkshire Hathaway became a majority owner of Heinz on June 18, 2015. The resulting Kraft Heinz Company is the fifth largest food company in the world. On March 25, 2015, Kraft announced its merger with Heinz, arranged by Berkshire Hathaway and 3G Capital. In February 2013, Heinz agreed to be purchased by Berkshire Hathaway and the Brazilian investment firm 3G Capital for $23 billion. Since 1896, the company 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, because "5" was his lucky number and "7" was his wife's. Heinz ranked first in ketchup in the US with a market share in excess of 50% the Ore-Ida label held 46% of the frozen potato sector in 2003. The company claims to have 150 number-one or number-two brands worldwide. Heinz manufactures thousands of food products in plants on six continents, and markets these products in more than 200 countries and territories. Heinz Company was an American food processing company headquartered at One PPG Place in Pittsburgh, Pennsylvania.
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