McDonald's has said it will drop ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.
McDonald's has said it will drop ketchup king Heinz as a supplier of the key hamburger condiment, citing management changes at Heinz that put the company closer to rival Burger King.
The fast food chain said on Friday that it was ending a relationship of over 40 years as it axed Heinz from its supplier list.
"As a result of recent management changes at Heinz, we have decided to transition our business to other suppliers over time," it said.
In February, US investment star Warren Buffett's Berkshire Hathaway together with Brazil's 3G Capital took over Heinz in a $28 billion deal. That move brought Heinz closer to Burger King, which is controlled by 3G.
The change, however, would not be a large blow to Heinz. McDonald's said it only used Heinz ketchup in two US markets - Minneapolis and Pittsburgh - as well as some foreign markets.
McDonald's said in a statement that it would work with Heinz "to ensure a smooth and orderly transition of the McDonald's restaurant business".
The company also said they it was confident the move wouldn't impact its "business, customers and great tasting food".
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