Buffett deal for Heinz a wake-up call to food industry

Posted on February 22, 2013 at 19:25 PM EST

BOCA RATON, Fla., Feb 22 (Reuters) - The $23 billion buyout of H.J. Heinz by Warren Buffett and private equity put food executives on notice: start showing better results or risk being left behind.

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Beam, Inc. Berkshire Hathaway Burger King Worldwide Campbell Soup ConAgra Foods, Inc. Deere & Company Fortune Brands Home & Security General Mills, Inc. H.J. Heinz Co. Hillshire Brands KRAFT FOODS GRP Kellogg Co. MONDELEZ INT-A PepsiCo, Inc. Procter & Gamble Co.

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