Kraft Heinz Is Splitting Into Two Companies
Kraft Heinz will split into two companies, reversing much of its $46 billion 2015 merger. One company will focus on shelf-stable meals, including Heinz, Philadelphia, and Kraft mac and cheese, with $15.4 billion in projected 2024 sales. The other will hold North American staples like Oscar Mayer, Kraft singles, and Lunchables, with $10.4 billion in projected sales. The split aims to simplify operations, better allocate … Continue reading Kraft Heinz Is Splitting Into Two Companies
