Kraft Foods Group and H.J. Heinz Co. with help from its owner 3G Capital Partners L.P. and Warren Buffett’s Berkshire Hathaway have agreed to merge in a deal that would create the world’s fifth largest food and beverage company. The combined company, which will be called the Kraft Heinz Co., will have revenue of about $28 billion and include well-known brands like Jell-O, Maxwell House coffee and Planters nuts. The deal comes as Kraft and other major U.S. food makers struggle with changes in consumer tastes that have hampered their ability to sell packaged, processed food. Wall Street Journal (There’s still Neal Bros and Manning Canning of Leaside)
