Kraft Heinz Closes Deal With Brazilian Food Company Hemmer
Deal approved without restrictions by
The association with Hemmer, a 107-year-old company based in Blumenau,
The acquisition aims to accelerate the growth of both companies, whose brands and portfolios are complementary. Hemmer will also benefit from
"This is an important move for our International growth strategy, which is focused on Taste Elevation, our portfolio of high-quality, delicious products that enhance the taste of food," says
"We are very excited about the completion of the deal, which furthers
ABOUT
We are driving transformation at
ABOUT HEMMER
Companhia Hemmer Indústria e Comércio (Hemmer) is a 100% Brazilian company based in Blumenau, Santa Catarina State, which was founded in 1915 and produces and markets various canned foods, condiments, olive oils, and beverages. Its longevity, unusual in the Brazilian scenario, and its strength are a consequence of the quality of products offered to consumers and the seriousness and dedication invested in the work. The company's goal is to be present in the daily lives of families, transforming affection and dedication into tasty, quality foods, standing apart from other food companies for its varied production portfolio, and the products offered under our brand made by partner companies.
Forward-Looking Statements
This press release contains a number of forward-looking statements. Words such as “accelerate,” “expand,” “focus,” “support,” “aim,” “plan,” “become,” “will,” and variations of such words and similar future or conditional expressions are intended to identify forward-looking statements. These statements include, but are not limited to, expected benefits of the acquisition, impacts of the acquisition on Kraft Heinz’s business, financial results, opportunities, and future plans, and other statements that are not historical facts, each of which is based on Kraft Heinz’s current beliefs, expectations, estimates, and projections. These forward-looking statements are subject to a number of risks and uncertainties, many of which are difficult to predict and beyond Kraft Heinz’s control, which could cause actual results to differ materially from those indicated in the forward-looking statements. Those factors include, but are not limited to, Kraft Heinz’s ability to achieve intended benefits of the acquisition, the expected costs of the transaction, the success of business transitions, and the risk factors set forth in Kraft Heinz’s filings with the
View source version on businesswire.com: https://www.businesswire.com/news/home/20220331005976/en/
alex.abraham@kraftheinz.com
Loures Consultoria,
kraftheinz@loures.com.br
ir@kraftheinz.com
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