US EditionKraft Heinz to Split Into Two Public Companies Starting in 2026
Kraft Heinz plans a tax-free spin-off creating two companies with combined 2024 net sales of $25.8 billion to enhance operational focus and unlock shareholder value.
- Kraft Heinz may announce a split into two companies as early as this week, according to reports in the Wall Street Journal.
- One company will focus on shelf-stable meals, including brands like Heinz and Kraft Mac & Cheese, while the other will include Oscar Mayer and Kraft Singles.
- The split is expected to finalize in the second half of 2026, with no changes to headquarters locations in Chicago and Pittsburgh.
- Kraft Heinz remains profitable, currently valued at $31 billion, despite previous financial challenges including a $15 billion reduction in value for certain brands in 2019.
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This transaction marks the limits of the hyperaggressive management imposed on the group by its shareholders.
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Kraft Heinz is calling time on its decade-old megamerger, planning to split into two separate companies in a move that aims to sharpen their focus and shake up the packaged-food industry once again. One of the new companies will focus on sauces, spreads, and seasonings for a global market, featuring...
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Total News Sources223
Leaning Left45Leaning Right14Center105Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 27%
C 64%
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