ANYTIMEkANYPLACEkANYWHERE - Heinz

ACQUISITIONS
Heinz acquired and maintained a 19.5% stake in
The Hain Celestial Group to gain a strong foothold
in the fast-growing organic and nutritional market.
The deal thrust Heinz into a dynamic $20 billion
U.S. market for natural and organic foods that is
expanding at a rate of 15–18% annually.
Heinz’s worldwide foodservice business grew
with the acquisitions of Thermo Pac, Inc. of Stone
Mountain, Georgia; and Serv-A-Portion of
Turnhout, Belgium. Heinz Foodservice expanded its
U.S. business by acquiring Quality Chef Foods, Inc.,
a leading manufacturer of frozen heat-and-serve
soups, entrees and sauces.
In Israel, Heinz acquired a 51% share of
Remedia Limited, that nation’s leading producer of
infant cereals and biscuits. Heinz also opened its
second infant foods unit in China through a joint
venture that is producing its first line of jarred baby
food at a newly constructed factory in Qingdao,
north of Shanghai.
In the U.K., Heinz significantly expanded its
European frozen foods business with the acquisition
of UB Frozen and Chilled Foods from United
Biscuits for more than $300 million. UB’s wellknown
products include San Marco pizzas and the
Linda McCartney brand of vegetarian products.
Heinz expanded in the fast-growing market for
Asian sauces by acquiring Yoshida’s North America
brand, whose annual sales top $20 million.
Heinz formed a joint venture with Nutri Asia of
Manila to become the leading ketchup company
in the Philippines. The unit is aptly named Heinz
UFC Philippines.
PUBLIC SERVICE
Continuing its enduring commitment to public
service, the H.J. Heinz Company Foundation
awarded $6 million in grants to 990 organizations
during Fiscal 2000. Heinz affiliates and employees
worldwide also made community service part of
their mission.
In the U.S., Heinz sponsored a special radio
broadcast of the 111th Tournament of Roses Parade
for the blind and visually impaired. Employees of
Heinz Pet Products organized a food drive to
assist tornado victims in Oklahoma. Heinz awarded
a $2 million grant to the North Side Leadership
Conference in Pittsburgh to enhance the
community and provide employment and
education programs for local residents.
In Canada, Heinz donated more than
$250,000 to children’s hospital foundations —
10 cents for every Heinz infant cereal or baby
food label collected. Heinz also co-sponsored a
Canadian symposium on the role of nutrition in
prostate cancer prevention.
In Venezuela, Heinz aided mud slide victims by
donating food and also contributed to a public
children’s hospital through a program called
“Operation Love.” In Australia, Heinz launched a
new community support program. Tegel Foods
helped educate New Zealand students and the
public about safe handling of chicken. Heinz and
Brother’s Brother Foundation joined to supply
school textbooks to students in Ghana.
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