3G Capital, which helped to engineer the Kraft Heinz merger, had seen its influence at the company wane.
3G Capital exited its investment in Kraft Heinz last year, marking an end of an era for the Brazilian private equity firm.
Warren Buffett stood by 3G and Kraft Heinz. Berkshire Hathaway remains the food company's largest shareholder.in the fourth quarter, nearly nine years after masterminding the blockbuster merger of Kraft Foods and Heinz with Warren Buffett. The company added that Buffett's Berkshire Hathaway, its largest shareholder with a 26.8% stake, is a committed long-term owner.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.
But the packaged food business presented new challenges. Consumers were shifting to eating more fresh food. Plus, retailers' private-label brands and newcomers touting themselves as a
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