since Berkshire owns a bunch.

https://www.cnbc.com/2024/04/09/3g-capital-quietly...

3G out

"Brazilian private equity firm 3G Capital quietly sold off its 16.1% stake in Kraft Heinz
in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett.

The sale marks the end of an era for 3G. The firm’s influence over Kraft Heinz had been dwindling in recent years as its number of board seats slipped from three to none by July 2022.

“3G has not been involved in the management of Kraft Heinz, nor have they been on the Board for several years. They had continued to be an investor and were treated as we do any investor,” Kraft Heinz said in a statement to CNBC. “We did learn from their recent filing that 3G exited the Kraft Heinz stock entirely in 2023.”

The company added that Buffett’s Berkshire Hathaway, its largest shareholder with a 26.8% stake, is a committed long-term owner."

Berkshire Hathaway FAQ

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