FILE - In this Oct. 17, 2011
file photo, a car moves through a McDonald's drive through window line,
in Springfield, Ill. The fast-food giant said in a statement Friday,
Oct. 25, 2013, that it is cutting ties with condiment company Heinz
after 40 years due to management changes there. A former Burger King CEO
became head of Heinz in June after the company was bought by Warren
Buffett's Berkshire Hathaway and 3G Capital. 3G, a Brazilian investment
firm, also controls Burger King. (AP Photo/Seth Perlman, File)
McDonald's has lost its taste for Heinz ketchup.
The fast-food giant said in a statement Friday that it is cutting ties with the condiment company after 40 years due to management changes there. A former Burger King CEO became head of Heinz in June after the company was bought by Warren Buffett's Berkshire Hathaway and 3G Capital. 3G, a Brazilian investment firm, also controls Burger King.
The impact of the change may be tasted more overseas. In the U.S., McDonald's uses Heinz products only in Pittsburgh and Minneapolis restaurants.
"As a result of recent
management changes at Heinz, we have decided to transition our business
to other suppliers over time," McDonald's Corp. said in a statement. The
Oak Brook, Ill.-based restaurant chain did not disclose the value of
their business relationship.
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