Browsing Tag
Miguel Patricio
5 posts
Kraft Heinz stock slides 7% as it announces plan to split into two publicly traded companies by 2026
Kraft Heinz to split into two companies by 2026—Global Taste Elevation and North American Grocery. Find out why the stock dropped 7% today.
Kraft Heinz, NotCo create JV for AI-driven plant-based innovation
The Kraft Heinz Company has created a joint venture (JV) with Chilean food tech start-up TheNotCompany (NotCo) for…
Hormel Foods wraps up $3.3bn acquisition of Kraft Heinz’ nuts business
Minnesota-based food company Hormel Foods has completed its previously announced $3.35 billion acquisition of Kraft Heinz’ nuts business,…
Kraft Heinz to offload nuts business to Hormel Foods for $3.3bn
Kraft Heinz has agreed to sell its nuts business to Hormel Foods for $3.35 billion in an all-cash…
Kraft Heinz to sell natural cheese business to Lactalis for $3.2bn
US food company Kraft Heinz has agreed to offload its natural, grated, cultured, and specialty cheese businesses to…