Kraft Heinz divests B2B powdered cheese business to Kerry Group
US – The fifth-largest food and beverage company in the world, Kraft Heinz has entered into a definitive agreement to sell its B2B powdered cheese business to Irish ingredients major Kerry Group for US$107.5million. The transaction expected to close in the second half of 2022, subject to regulatory review and approval, also includes Kraft Heinz’s…
Kraft Heinz divests B2B powdered cheese business to Kerry Group
US – The fifth-largest food and beverage company in the world, Kraft Heinz has entered into a definitive agreement to sell its B2B powdered cheese business to Irish ingredients major Kerry Group for US$107.5million. The transaction expected to close in the second half of 2022, subject to regulatory review and approval, also includes Kraft Heinz’s…