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Kraft Heinz’s Division Seeks to Reduce Complexity and Grow, but Leaves 253 Million in Losses
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After several months of speculation, Kraft Heinz has made its division into two independent companies official. The first, ‘Global Taste Elevation’, which will focus on the growth of Heinz, Philadelphia, Kraft Mac & Cheese, and Internationl; and the second company, ‘North American Grocery’, focused on the cash of Oscar Mayer, Kraft Singles, Lunchables, Maxwell House, among others. In this context, Kraft Heinz expects the transaction to close in …
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