Brazil: Kraft Heinz to acquire sauces and condiments firm Hemmer
Kraft Heinz, the multinational food firm, has entered into an agreement to acquire the Brazilian sauces and condiments company Hemmer. Founded in 1915, Hemmer is makes pickled and preserved food, condiments, olive oil and beverages and has a portfolio of 250 products. The acquisition is part of Kraft Heinz’s strategy of growing its International Taste Elevation […]
USA: BelGioioso to acquire cheese maker Polly-O
BelGioioso, a US-based manufacturer of Italian cheeses, has entered into an agreement to acquire Polly-O from Kraft Heinz and Lactalis, according to a Deli Market News report. The acquisition of Polly-O, an Italian cheese brand, will expand BelGioioso’s portfolio and add to its existing Casaro brand range. Founded in 1899, Polly-O is known for its ricotta, mozzarella and string […]
Turkey: Kraft Heinz to purchase sauce maker Assan Foods
Kraft Heinz, the leading US food and drinks multinational, has announced an agreement to purchase Turkish sauces business Assan Foods for approximately $100 million. Assan Foods manufactures and sells a wide range of products including tomato paste, ketchup, mayonnaise, and pasta and meat sauces under brands such as Colorado, Kingtom, and Oba, as well as […]
UK: Kraft Heinz to invest £140m in UK facility
US foods giant Kraft Heinz has announced its plans to invest £140m ($199m) in its Kitt Green food manufacturing facility located in the UK. According to sources, the investment would be the largest made by the company in a facility outside the US in more than two decades. The move, which is subject to approval […]
USA: Hormel Foods to acquire Planters brand
Global branded food company Hormel Foods has announced the acquisition of the Planters brand from Kraft Heinz for $3.35 billion. The acquisition includes the Planters, NUT-rition, Planters Cheez Balls and Corn Nuts brands, and three production sites. In 2020, Planters snack portfolio net sales were approximately $1 billion, and are expected to grow at Hormel’s […]
USA: Kraft Heinz to sell cheese business to Lactalis
Kraft Heinz, the leading US food and drink firm, has entered into an agreement to sell its natural, grated, cultured, and specialty cheese businesses to a US affiliate of French dairy giant Lactalis for $3.2 billion. The transaction, which is expected to be finished in the first half of 2021, includes Kraft Heinz’s natural, grated, […]
USA: Kraft Heinz partners with Diageo to create new coffee line
Kraft Heinz, the multinational food firm, is partnering with spirits giant Diageo to create a new line-up of coffee products in association with the Baileys brand. The product range will include Baileys ready-to-drink cold brew in cans, Baileys roast & ground coffee, and Baileys K-Cup pods and is aimed at bringing “indulgent flavour” to the […]
USA: Heinz Kraft launches ketchup with added vegetables
Kraft Heinz, the leading US food and drinks firm, has announced a health-oriented makeover for its flagship Heinz ketchup brand, with the introduction of a new variety that contains added vegetables. Marketed as “miraculously offer[ing] the veggies parents love, without compromising the thick and rich HEINZ taste kids love”, Heinz Tomato Ketchup with a Blend […]
USA: KraftHeinz snaps up Primal Kitchen in $200 million deal
Kraft Heinz, the US-based food multinational, has announced the acquisition of sauces and dressings firm Primal Kitchen for $200 million. Primal Kitchen is described as a “better-for-you” brand primarily focused on condiments and sauces including mayonnaise, salad dressings and avocado oil, but with growing product lines in snacks and other categories. The brand is claimed […]
India: Kraft Heinz to sell brands to Zydus
Multinational food and beverage company Kraft Heinz has annoucned an agreement to sell its India brands to consumer health firm Zydus, the personal care arm of Indian pharmaceutical company Cadila Healthcare, for approximately $625 million on a debt free and cash free basis. The portfolio of brands includes Complan, Glucon-D, Nycil and Sampriti. “The sale of this […]