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Kraft Heinz






Kraft Heinz considers spinoff of sluggish brands in bid to enhance shareholder value
In a strategic pivot that could reshape its brand portfolio, Kraft Heinz is reportedly exploring the possibility of spinning off several of its slower-growing brands, including Velveeta and Oscar Mayer, as part of an effort to reverse the fortunes of its underperforming grocery division.

Kraft Heinz considers divesting grocery segment in potential $20bn spin-off
According to reports from major media outlets, including Bloomberg and Financial Times, Kraft Heinz Company is actively considering a significant restructuring that would involve spinning off a substantial portion of its grocery business, which includes several iconic Kraft products.

Kraft Heinz to divest Italian baby and speciality food business to NewPrinces Group
In a move to streamline its operations and enhance focus on core product lines, Kraft Heinz has announced an agreement to sell its Italian infant and speciality food business to NewPrinces, a player in the European food and beverage sector.
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