USA: Kraft Heinz proposes major manufacturing consolidation in New Zealand
Kraft Heinz, the US-based food producer, has announced a proposal to consolidate its New Zealand manufacturing operations in a move intended to improve efficiency and competitiveness. The restructure involves several facilities and product categories across the country. Under the proposal, the company intends to move its nutritional pouch production from its King Street facility in […]
UK: Kraft Heinz expands into pulse-based ready meals
The UK division of US-based food multinational Kraft Heinz is expanding into a new category with the launch of pulse-based ready meals sold in pouches. The new product line, which can apparently be microwaved in just 90 seconds, are described as a response to rising demand for convenient, nutritious and flavourful meals. The lineup comprises Chilli […]
USA: Kraft Heinz to separate into two businesses
US food giant Kraft Heinz has announced it will split into two independent, publicly traded companies in a tax-free spin-off. In a statement, the company said the move was designed to streamline operations, sharpen focus and unlock new growth opportunities. The first of the two separate companies will be a $15.4 billion business known as […]
Italy: New Princes Group buys Kraft Heinz baby food business
New Princes Group, the diversified food company formed on Newlat’s acquisition of Princes last year, has announced the acquisition of the Italian baby food business of Kraft Heinz for €120 million ($140 million), according to a report in Grocery Gazette. As a result of the acquisition, New Princes Group will add a range of new brands to it portfolio, […]
USA: Kraft Heinz to invest $3 billion in modernising manufacturing sites
US food giant Kraft Heinz has announced plans to invest $3 billion to modernise its 30 existing manufacturing sites to strengthen operations and expand market reach. In an interview with Reuters, a company spokesperson said the upgrades were designed to make plants more efficient, helping reduce costs and potentially ease the impact of any import […]
Spain: Kraft Heinz invests €70 million to upgrade sauces factory
The Spanish division of Kraft Heinz, a producer of cooking and table sauces, has announced the completion of a €70 million upgrade to increase production capacity at its factory in La Rioja, Spain. The upgrade was completed a year and a half after breaking ground and is intended to enable the company to meet the growing demand […]
USA: Kraft Heinz to build $400 million distribution centre
US food giant Kraft Heinz has announced plans to invest $400 million to build one of the largest automated consumer goods distribution centres in North America. The company stated that the 775,000 sq ft facility in DeKalb (IL) will feature national railway access and a “24/7 automated storage and retrieval system. Commenting on the investment, […]
Russia: Kraft Heinz to sell baby food business
FMCG giant Kraft Heinz has reached an agreement to sell its baby food business in Russia to Chernogolovka, a domestic food and drinks manufacturer, according to a Reuters report. The deal includes the brands Umnitsa and Sami S Usami and was reportedly already in progress prior to the conflict in Ukraine. “The decision to sell […]
USA: Kraft Heinz announces partnership with TheNotCompany
Multinational FMCG firm, The Kraft Heinz Company, has announced a joint venture with food tech start-up TheNotCompany in order to accelerate plant-based innovation globally. According to Kraft Heinz, the partnership’s goal is to reimagine food production and move toward a more sustainable future. By forming the partnership, the companies will be able to join forces […]
Germany: Kraft Heinz to acquire majority stake in Just Spices
Multinational food company The Kraft Heinz Company has announced the acquisition of an 85% stake in German-based company Just Spices for an undisclosed sum. According to sources, the remaining 15% ownership stake in Just Spices will be retained by its three founders who will remain with the company once the acquisition is complete. Founded in […]