America's ketchup kings at H.J. Heinz Co. announced on Friday that the company's $23 billion acquisition by Berkshire Hathaway and 3G Capital is now complete.
The company will go private as Heinz leaves the New York Stock Exchange when trading ends Friday, the Pittsburgh Business Times reports. The end of the week also marks the retirement of William R. Johnson as chairman, CEO and president after 31 years with Heinz. Bernardo Hees will replace Johnson, effective immediately.