The Kraft Heinz Company has agreed to sell its natural, grated, cultured and specialty cheese businesses to a US affiliate of Groupe Lactalis for $3.2 billion. Read more
Kraft Heinz has posted net sales growth of 3.8% to $6.65 billion in Q2, but taken a nearly $3 billion write-down on the value of several business units and brands. Read more
Kraft Heinz Canada has introduced a ‘rich and chocolatey’ Hazelnut Spread, which is said to be low in saturated fat and made without palm oil. Read more
Food tech firm Joywell Foods has raised $6.9 million in a Series A funding round, led by Kraft Heinz-backed venture fund, Evolv Ventures. Read more
The Kraft Heinz Company has extended its partnership with market expansion services provider DKSH Business Unit Consumer Goods to Malaysia. Read more
Kraft Heinz, in partnership with UK brand design agency PB Creative, has launched a new premium range for its Dutch drinks cordial brand Karvan Cévitam. Read more
Kraft Heinz has posted net sales of $6.16 billion in Q1, representing 6.2% organic growth as a result of increased consumer demand related to Covid-19. Read more
Food and beverage companies have accelerated their efforts worldwide to provide support and relief to those most affected during the coronavirus pandemic. Read more
Kraft Heinz has ‘significantly’ reduced production at three plants providing restaurant supplies, yet boosted output for packaged foods amid the coronavirus outbreak. Read more
Kraft Heinz saw its fourth-quarter net sales decrease 5.1% as it disclosed impairment charges of $666m, including writing down the value of Maxwell House. Read more
© FoodBev Media Ltd 2020
Your privacy We use small files known as ‘cookies’ to enhance your experience of the FoodBev website and analyse site-traffic. Read about how we use cookies or how you may control them in our updated privacy policy and cookie policy. If you continue to use this site, you consent to our use of cookies. Click the ‘OKAY‘ button at the top right of this panel to accept or click here for more information.
