Kraft Heinz Company - Company Profile
|
COMPANY INFORMATION |
|
|
Company Legal Name |
The Kraft Heinz Company |
|
Year of Establishment |
2013 |
|
Industry |
Food and Beverages Manufacturing |
|
Geographical Presence |
Worldwide |
The Kraft Heinz Company is a US-based company that is involved in manufacturing and sells of food and beverages to its customers throughout the world. It provides food products for all eating occasions at home, in restaurants, and on the go.
It has employees in more than 40 countries and sells its products in over 200 countries. About $1 billion sales are performed through retail and foodservice sales. The renowned brands of the company include Kraft, Heinz, Kool-Aid, Lunchables, Maxwell House, Ore-Ida, ABC, Capri Sun, Classico, Jell-O, Quero, Oscar Mayer, Philadelphia, Planters, Plasmon, Weight Watchers Smart Ones, and Velveeta.
|
CURRENT DATA |
|
|
Net Sales (2019) |
25 billion USD |
|
Net Income (2019) |
1.5 billion USD |
|
CEO of the Board |
Bernardo Hees |
|
Employee Count |
38,757 |
The company operates its business segments in various segments that include condiments and sauces which constitute about 25% of total sales, cheese and dairy accounted for 20% of total sales, meats and seafood, and ambient meals that each constitute 10% of total sales, and as well as frozen and chilled meals, refreshment beverages, and coffee that accounted for remaining total sales. 2017, it generated net sales of $ 26.1billions.
Geographically, the US accounted as the largest market that accounts for about 70% of total sales, Europe and Canada jointly attribute for more than 15% of total revenue, the remaining revenue is contributed from the regions of Asia Pacific, Latin America, the Middle East, and Africa.
Kraft Heinz's products are sold through its sales organization and agents, independent brokers, and distributors. This network sells its products to the chain, wholesale, cooperative, and independent grocery stores, as well as value and club stores, drug stores and pharmacies, and foodservice distributors. Its products are catered to health care facilities, hotels, restaurants, hospitals, and certain government agencies. Walmart stores are the largest customer that represents about 20% of total sales.
The Kraft Heinz Company was founded in 2013 and is headquartered in Pennsylvania. The co-headquarters of the company are located in Chicago.
|
CONTACT INFORMATION |
|
|
Phone Number |
412-456-5700 |
|
Fax Number |
412-456-6128 |
|
Site URL |
www.kraftheinzcompany.com |