*(Via Huffington Post) – In what is sure to be the divorce of the century, McDonald‘s, the world’s largest quick-service chain by sales, is ending its longstanding relationship with Heinz, the world’s largest producer of ketchup.
That means that every McDonald’s location around the world will soon have to stop serving Heinz ketchup with its fries and burgers. The chain issued the following statement on the decision in an email to The Huffington Post:
“We value the relationship we’ve maintained with Heinz for more than 40 years. As a result of recent management changes at Heinz, we have decided to transition our business to other suppliers over time. We have spoken to Heinz and plan to work together to ensure a smooth and orderly transition of the McDonald’s restaurant business, and are confident that there will be no impact to our business, our customers and our great tasting food at McDonald’s.”
Basically the statement is double speak. Here’s the real deal:
The Pittsburgh Post-Gazette noted that the breakup follows the appointment of Bernardo Hees to the job of Heinz CEO. Hees was formerly the CEO at McDonald’s chief competitor, Burger King. Heinz was also recently acquired by 3G Capital and Berkshire Hathaway, and New York-based 3G Capital already owns Burger King.
Like the headline says, drama! Get the full story at Huffington Post.