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New Kraft Heinz Company Should Have Major Impact On Food Industry

March 25, 2015: 12:00 AM EST
The creation of Kraft Heinz Company, with its expected $40 billion valuation, will have a major impact on the global food industry. According to a Mintel analyst, the new company will have significant leverage in the U.S. and worldwide, will allow expansion of Kraft’s food line into foreign markets, and will lead to tighter management, a streamlined supply chain, and lower production and overhead costs as competing brands, and their human resources, are merged. Other repercussions in the food industry include the possibility of an upsurge of M&A activity.
David Turner, "The Kraft Heinz Company: what will the move mean for the market?", News release, Mintel, March 25, 2015, © Mintel Group Ltd.
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