Kraft Heinz will split into two public companies—Global Taste Elevation Co. and North American Grocery Co.—to boost focus and efficiency by 2026.
Breakdown
- Kraft Heinz will separate into two companies next year.
- One company will focus on shelf-stable meals, the other on grocery items. 4s
- Names for the new companies have not been announced. 8s
- Kraft and Heinz merged about a decade ago. 14s
- The merger created one of the largest food companies globally. 18s