The merger of Kraft and Heinz was the combination of two processed foods groups that were nearing the end of the road in terms of organic revenue growth and cost savings. In a world of sub-normal carrying costs for debt and over $1.5bn of additional cost synergies from merging the groups, their PE owners were […]
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Having paid up for Kraft Foods, the newly merged Kraft Heinz will need to not only over-deliver on its $1.5bn of projected cost savings by 2017, but also to exploit a network effect (leveraging Kraft brands through Heinz’s stronger international footprint) to kick-start what has been lacklustre individual organic revenue performances for both groups. While […]
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