Davis Polk is advising Centerview Partners LLC as exclusive financial adviser to Kraft Foods Group, Inc. in connection with its entry into a definitive merger agreement with H.J. Heinz Company to create The Kraft Heinz Company. The Kraft Heinz Food Company would be the third largest food and beverage company in North America with an unparalleled portfolio of iconic brands. The transaction, which is expected to close in the second half of 2015, is subject to approval by Kraft shareholders, receipt of regulatory approvals and other customary closing conditions.

Kraft is one of North America’s largest consumer packaged food and beverage companies, with annual revenues of more than $18 billion. H.J. Heinz Company is one of the world’s leading marketers and producers of healthy, convenient and affordable foods specializing in ketchup, sauces, meals, soups, snacks and infant nutrition.

The Davis Polk corporate team includes partner John H. Butler and associate Laura C. Turano. All members of the Davis Polk team are based in the New York office.