Heinz’s $60 Billion Merger with Kraft

On March 25, 2015, H.J. Heinz Company and Kraft Foods Group, Inc. announced that they have entered into a definitive merger agreement to create The Kraft Heinz Company, forming the third largest food and beverage company in North America, in a transaction valued at approximately $60 billion. Cravath is representing Heinz in connection with this transaction.

The Cravath team includes associates Nicholas M. Foley, William D. Podurgiel, Matthew M. Kelly, Michael L. Arnold, Daniel J. Cerqueira, Janet Yu and Jodie‑Jane Tingle on M&A matters; partners Stephen L. Gordon and Lauren Angelilli, senior attorney Andrew Carlon and associates Jay S. Gill and Debra M. Aboodi on tax matters; partner Eric W. Hilfers and associate Jonathan J. Katz on executive compensation and benefits matters; partner David J. Kappos and associate Christopher P. Davis on intellectual property matters; partner Matthew Morreale on environmental matters; and partner Christine A. Varney and associates Margaret Segall D’Amico and Brian M. Jenks on antitrust matters. Elizabeth J. Zhang is also working on M&A matters, Tara L. Rhoades is also working on tax matters and Daniel P. Herrmann is also working on executive compensation and benefits matters.