Mergers & Acquisitions Mergers & Acquisitions

Heinz, Hemmer tell CADE deal will result in overlaps in ketchup, yellow mustard, barbecue sauce markets

By Ana Paula Candil
  • 02 Dec 2021 13:15
  • 02 Dec 2021 13:46
US-based Kraft Heinz's Brazilian subsidiary has told the national competition authority that its planned acquisition of Hemmer will result in overlaps of 40-50 percent in the markets for ketchup, yellow mustard and barbecue sauce in Brazil.

On Nov. 5, the parties filed paperwork for their deal with the Administrative Council for Economic Defense,

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