Kraft Heinz will split into two separate companies by the second half of 2026. The split will be a tax-free spin-off, pending regulatory approval. One company will focus on sauces and condiments, the ...

The food industry’s worst kept secret has finally been confirmed. Kraft Heinz is to split into two separate entities. In a statement released at 11am BST (6am ET) The Kraft Heinz Company announced ...

Gift Article 10 Remaining As a subscriber, you have 10 articles to gift each month. Gifting allows recipients to access the article for free. Kraft Heinz Co. said today it plans to split into two ...

Kraft Heinz Co. said Tuesday it plans to split into two separate companies, undoing a mega-deal ushered in a decade ago that turned the maker of Kraft Mac & Cheese into one of the largest packaged ...

Kraft Heinz has confirmed the US food and drinks giant will split into two publicly listed companies in a plan approved by the board of directors. While the individual names of the businesses have yet ...

Food companies are coming under pressure for growth as the maker of Velveeta breaks up and an activist investor takes a stake in PepsiCo. By Lauren Hirsch and Julie Creswell A decade after its merger ...

Kraft Heinz will split into two companies by 2026. One will include brands like Heinz ketchup and Kraft Mac & Cheese; the other will feature Oscar Mayer and Lunchables. The move comes after years of ...

Kraft Heinz (KHC.O), the company behind staples like Heinz ketchup, Philadelphia cream cheese and Jell-O, will split into two independent publicly traded firms — one focused on grocery essentials and ...

The Kraft Heinz Company (KHC) has announced plans to separate into two independent, publicly traded companies through a tax-free spin-off, with the transaction expected to close in the second half of ...