H.J. Heinz and Kraft Foods Group will merge into the world's fifth largest food and beverage company, bent on cutting costs, growing internationally and evolving into a more consumer focused company.

The merger, valued at about $36 billion, will allow Kraft to move and grow faster than they could on their own.

Creating an unparalleled portfolio with The Kraft-Heinz Company:  3rd Largest North American food and beverage company.  5th Largest food and beverage company globally.  $28 billion in revenue and $8 billion in brands

This union would create the fifth largest food and drink giant in the world.  Here's more from USA Today!