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How HJ Heinz Turned His Bankrupt Horseradish Business Into A Billion Dollar Ketchup Conglomerate

Eric Platt,Rob WileFeb 14, 2013, 19:44 IST

APEarlier, today Warren Buffett's Berkshire Hathaway announced it and 3G Capital would acquire HJ Heinz Company in a transaction worth a whopping $28 billion.

HJ Heinz, the son of immigrant parents, built this this company from scratch.

After falling to bankruptcy, Heinz came back to rebuild a company that would eventually gross over $11 billion in sales per year.