Anonymous ID: c6937a Nov. 9, 2020, 5:39 p.m. No.11567140   🗄️.is đź”—kun   >>7233 >>7315

Kraft-Heinz Company sold by 3G Global Foods: $884.12m-Nov 9

 

3G Capital is a Brazilian-American multibillion-dollar investment firm, founded in 2004 by Alex Behring, Jorge Paulo Lemann, Carlos Alberto Sicupira, Marcel Herrmann Telles and Roberto Thompson Motta. The firm is best known for implementing zero-based budgeting at its portfolio companies: Anheuser-Busch InBev, Restaurant Brands International (Burger King, Tim Hortons, and Popeyes Louisiana Kitchen), Kraft Heinz as well as partnering with Berkshire Hathaway for its acquisitions. In 2010, the company acquired Burger King for $3.3 billion, and subsequently took the company private. The deal was announced in September 2010, and was finalized in November. Shareholders received $24.00 per share in cash. Under new management, Burger King introduced a reworked menu and marketing strategies. In June 2012, Burger King was once again listed as a publicly traded company through a $1.4 billion deal with Justice Holdings. Despite the relisting, 3G Capital retained a 71% stake of the company. In December 2014, the Canadian federal government approved the purchase of Tim Hortons by 3G Capital for $12.5 billion. The acquisition merged Burger King with Tim Hortons as Restaurant Brands International. On 25 March 2015, it was announced that 3G Capital was in "advanced talks" to buy Kraft Foods for $40 billion, and merge it with Heinz to create the world's fifth largest food company. Heinz was being advised in the transaction by Lazard and Kraft by Centerview Partners.

https://en.wikipedia.org/wiki/3G_Capital

Founding Partner

Jorge Paulo Lemann

Co-founder and Board Member of 3G Capital since late 2004

Controlling shareholder and former Board Member of Anheuser-Busch InBev

Board Member of The Kraft Heinz Company since June 2013

Founding shareholder and principal executive of Banco de Investimentos Garantia in Brazil from 1971 through July 1998, when it was sold to Credit Suisse First Boston

Co-founder and Partner of GP Investimentos (Brazilian private equity firm) until 2004

Controlling shareholder and Board Member of Lojas Americanas from 1983 to 2005

Board Member of The Gillette Company from 1998-2005

Board Member of Swiss Reinsurance from 1999-2005

Former International Advisory Board Member of DaimlerChrysler and Credit Suisse Group

Former Chairman of the Latin American Advisory Board of the New York Stock Exchange

Member of the Advisory Board of Harvard Business School

Founding Board Member of Fundação Estudar, a foundation that provides scholarships to needy students

https://www.3g-capital.com/foundingpartners.html

https://www.finviz.com/insidertrading.ashx?oc=1646594&tc=7&b=2