3G Capital exited its investment in Kraft Heinz last year, marking an end of an era for the Brazilian private equity firm.
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. Berkshire and 3G's doomed romance began on Valentine's Day in 2013 when the two firms announced they were teaming up to take Heinz private. The merger with Kraft Foods followed two years later.
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