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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257 Articles
The Washington Hispanic+2 Reposted by 2 other sources
The US conglomerate Kraft Heinz, which produces ketchup tomato sauce and untable Phildelphia cheese, will split into two companies, announced Tuesday the company. “The split seeks to maximize the capabilities of the Kraft Heinz brands” to allow new companies “to deploy their resources in their different priority strategies,” the group said in a statement. One will be dedicated to the marketing of sauces, spreadable products and condiments, among…
·Washington, United States
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This transaction marks the limits of the hyperaggressive management imposed on the group by its shareholders.
·Paris, France
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Coverage Details
Total News Sources257
Leaning Left50Leaning Right16Center115Last UpdatedBias Distribution64% Center
Bias Distribution
- 64% of the sources are Center
64% Center
L 28%
C 64%
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