Alex Behring (born 1967) is a Brazilian billionaire businessman. He is a co-founder and managing partner of 3G Capital , a global investment firm known for its investments in Anheuser-Busch InBev , Restaurant Brands International (Burger King, Tim Hortons, Popeyes Louisiana Kitchen, and Firehouse Subs), Kraft Heinz , and Hunter Douglas. As of March 2024, Forbes estimated his net worth at US$ 6.2 billion.
17-455: Behring may refer to: People [ edit ] Alex Behring , a Brazilian businessman. Emil Adolf von Behring , a German physiologist who received the 1901 Nobel Prize in Physiology or Medicine. John Behring , an American cinematographer, television director and producer. Ken Behring , an American real-estate developer, former owner of
34-691: A company which manufactured testing machinery and supplies for the medical diagnostics industry, based in Deerfield, Illinois and Glasgow, Delaware. Topics referred to by the same term [REDACTED] This disambiguation page lists articles associated with the title Behring . If an internal link led you here, you may wish to change the link to point directly to the intended article. Retrieved from " https://en.wikipedia.org/w/index.php?title=Behring&oldid=1240994148 " Categories : Disambiguation pages Disambiguation pages with surname-holder lists Hidden categories: Short description
51-460: A director. He was chairman of Kraft Heinz from 2015 to 2022, having previously been chairman at the H.J. Heinz Company since 2013 for which he led 3G's 2013 acquisition of Heinz alongside Warren Buffett's Berkshire Hathaway . Behring was on the boards of Anheuser-Busch InBev , CSX Corporation , and Hunter Douglas , joining the latter in 2022. The magazine Latin Trade calls Behring, "one of
68-523: A private sector railroad company. He was the CEO, overseeing the company's operations in Argentina and Brazil. Under Behring's leadership, ALL experienced significant growth, with its public market capitalization increasing fortyfold compared to its acquisition price by GP Investments a decade earlier. In 2004, Behring co-founded 3G Capital , a global investment firm and private partnership. The firm originated from
85-574: A technology company. He remained a partner in the company until 1993, contributing to its operations in both Florida, United States, and São Paulo, Brazil. From 1994 to 2004, Behring was a partner and board member at GP Investments , the largest private-equity firm in Latin America. During this period, under the mentorship of billionaire Brazilian financier Jorge Paulo Lemann , Behring gained experience in investing, mergers, and acquisitions. In 1998, Behring co-founded América Latina Logística (ALL),
102-591: Is credited for turning around Burger King and later growing the Restaurant Brands International holding group. After stepping down as CEO, Daniel Schwartz went on to serve as Co-Chairman of the Board alongside Alex Behring from 2019 to 2021 and both continue to serve on the Board of Directors today. Since its 2010 acquisition of Burger King Holdings, 3G Capital has been the company's largest shareholder, supporting its global growth transformation including
119-533: Is different from Wikidata All article disambiguation pages All disambiguation pages Alex Behring Behring earned a bachelor's degree in electrical engineering from the Pontifical Catholic University of Rio de Janeiro (PUC/RJ), and later attended Harvard Business School , where he earned an MBA in 1995. During his time at Harvard, Behring was a Baker Scholar and Loeb Scholar. In 1989, Behring co-founded Modus OSI Technologies,
136-483: Is led by Alex Behring, Co-Founder and Co-Managing Partner, and Daniel Schwartz, Co-Managing Partner. The firm is best known for its long-term investments in Anheuser-Busch InBev , Restaurant Brands International ( Burger King , Tim Hortons , Firehouse Subs , and Popeyes Louisiana Kitchen ), Hunter Douglas , Kraft Heinz as well as partnering with Berkshire Hathaway for its acquisitions. In 2010,
153-506: The Brazilian investment office of Jorge Paulo Lemann, Carlos Alberto Sicupira, and Marcel Herrmann Telles. Behring is the co-managing partner alongside Daniel Schwartz . Since 2010, Behring has been a member of the board of directors at Restaurant Brands International, leading its acquisition by 3G Capital in the same year. Behring was chairman of Restaurant Brands International from 2010 to 2019 and co-chairman from 2019 to 2022 and remains
170-520: The Business World" in recognition of his accomplishments and is a member of the board of dean's advisors at Harvard Business School. 3G Capital 3G Capital is a global investment firm and private partnership built on an owner-operator approach to investing over a long-term horizon. Founded in 2004, 3G Capital evolved from the Brazilian investment office of Jorge Paulo Lemann , Carlos Alberto Sicupira , and Marcel Herrmann Telles . 3G Capital
187-606: The Seattle Seahawks football team, and philanthropist. Vitus Bering , a Danish-born Russian explorer. Anders Behring Breivik , a Norwegian terrorist. Locations [ edit ] Bering Strait , sometimes spelled "Behring". Behring Sea, archaic spelling of Bering Sea . Other [ edit ] 65685 Behring , a main-belt asteroid. CSL Behring , one of the world's leading plasma protein biotherapeutics companies, based in Pennsylvania. Dade Behring ,
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#1732851693351204-406: The company acquired Burger King for $ 3.3 billion, and subsequently took the company private. Under new management, Burger King went on to introduce a reworked menu and innovative marketing strategies. In June 2012, Burger King was once again listed as a publicly traded company through a $ 1.4 billion deal with Justice Holdings . Despite the relisting, 3G Capital retained a 71% stake of
221-457: The company. In December 2014, the Canadian government approved the purchase of Tim Hortons by 3G Capital for $ 12.5 billion, creating Restaurant Brands International, the world's third largest quick service restaurant company and a new global powerhouse. In March 2015, 3G Capital partnered with Warren Buffett to acquire Kraft Foods for $ 40 billion, and merged it with Heinz to form
238-566: The creation of RBI and acquisitions of Tim Hortons, Popeyes Louisiana Kitchen, and Firehouse Subs, generating approximately twenty-one times in total shareholder returns. On December 30, 2021, 3G Capital entered into a definitive agreement to acquire 75% of interest in Hunter Douglas , a global market leader in window coverings and a major manufacturer of architectural products. The deal was completed on February 25, 2022, for approximately US $ 7.1 billion. 3G Capital Partner João Castro Neves
255-620: The most prominent representatives of a new generation of aggressive financial investors and managers of consumer-oriented services". Behring lives in Greenwich, Connecticut . He is married to Danielle Behring of Curitiba , Brazil. He is a co-founder of The Behring Foundation, a nonprofit family foundation headquartered in Brazil, with a stated focus on empowering talented youth and driving social development through various initiatives. Behring has been included among "The 20 Most Notable Harvard Alumni in
272-698: The world's fifth largest food company. In September 2021, Kraft Heinz announced that Hemmer , a Brazilian company focused on condiments and sauces, was acquired for an undisclosed amount. The acquisition followed an agreement with Assan Foods – a Turkish company focused on sauces – belonging to Kibar Holding , for approximately $ 100 million. Restaurant Brands International went on to acquire Popeyes Louisiana Kitchen, Inc. in 2017 for $ 1.8 billion, and Firehouse Restaurant Group Inc. for $ 1.0 billion in 2021. 3G Capital Co-Managing Partner Daniel Schwartz who served as CFO (Jan. 2011 to Mar. 2013), COO (Mar. 2013 to Jun. 2013), and CEO (Jun. 2013 to Jan. 2019)
289-507: Was appointed Hunter Douglas Group CEO. In 2023's fourth quarter 3G Capital sold off its 16.1% stake in Kraft Heinz. The sale marks the end of an era for 3G because their investment playbook based on cost-cutting measures had success in all previous investments. After a disastrous quarter for Kraft Heinz in 2019, some investors pointed fingers at 3G’s penchant for strong cost-cutting without an adequate attention to innovation. 3G Capital
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