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Warren Buffet Buys Heinz Ketchup for $23 Billion

Buffett’s Berkshire Hathaway Purchases Heinz in $23 Billion Deal

By , Farms.com

H.J. Heinz Co. says ketchup deal is the largest purchase that’s ever occurred in the food industry

In a surprise announcement on Thursday, billionaire investor Warren Buffet’s Berkshire Hathaway is set to buy Heinz ketchup in a $23.3 billion deal.

The Pittsburgh based company; Heinz in addition to its famous ketchup makes Classico spaghetti sauces, Ore-lda potatoes and Smart Ones frozen meals.

The company was founded by Henry John Heinz along with his neighbour L. Clarence Noble in 1869. Their first product was horseradish in a glass bottle. Their first ketchup wasn’t introduced until 1876.

It’s typical for Buffet to purchase entire companies and allow the businesses to continue operating very much the same as before. Heinz shareholders will get $72.50 cash for every share that they own. The deal is expected to close in the third quarter of 2013.


Trending Video

Sweetener Effects on Gut Health - Dr. Kwangwook Kim

Video: Sweetener Effects on Gut Health - Dr. Kwangwook Kim



In this episode of The Swine Nutrition Blackbelt Podcast, Dr. Kwangwook Kim, Assistant Professor at Michigan State University, discusses the use of non-nutritive sweeteners in nursery pig diets. He explains how sucralose and neotame influence feed intake, gut health, metabolism, and the frequency of diarrhea compared to antibiotics. The conversation highlights mechanisms beyond palatability, including hormone signaling and nutrient transport. Listen now on all major platforms!

“Receptors responsible for sweet taste are present not only in the mouth but also along the intestinal tract.”

Meet the guest: Dr. Kwangwook Kim / kwangwook-kim is an Assistant Professor at Michigan State University, specializing in swine nutrition and feed additives under disease challenge models. He earned his M.S. and Ph.D. in Animal Sciences from the University of California, Davis, where he focused on intestinal health and metabolic responses in pigs. His research evaluates alternatives to antibiotics, targeting gut health and performance in nursery pigs.