Two richest people in the United States, Warren Buffett, has mastered the soy products and sauces popular in Indonesia, ABC. Buffet through Berkshire Hathway has bought HJ Heinz Co. valued at USD 23.3 billion or Rp 225 trillion.
HJ Heinz Company is known to have 65 percent stake in PT Heinz ABC Indonesia.
According to news reported by Al Jazeera, transactions conducted Buffet is the biggest deal in the history in the food industry.
Buffett investment company is working with the previous 3G Capital acquired Burger King.
Purchase agreement is expected to be completed in the third quarter of this year. The sale of shares has also boosted Heinz almost 20 percent in New York Stock Exchange.\
Heinz plans to increasingly focus on emerging markets are expected to play a role in this year's quarter of their income.
Sauce and soy products company has spread across 200 countries, including Indonesia, Brazil and India. Recently, the company has also bought Foodstar originating from China.
Warren Buffet, the 82-year-old is listed as the third richest man in the world Forbes with a fortune of USD 4.2 billion (Rp 40.6 trillion).
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