Friday, October 24, 2025
Food PackagingKraft Heinz sells its B2B powdered cheese business to...

Kraft Heinz sells its B2B powdered cheese business to Kerry Group

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Kraft Heinz sells its B2B powdered cheese business to Kerry Group

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Kraft Heinz has entered into a definitive agreement to sell its B2B powdered cheese business to global food, beverage and pharma manufacturer Kerry Group. The proposed transaction is expected to close in the second half of 2022, subject to regulatory review and approval.

The transaction involves the divestiture of Kraft Heinz’s B2B powdered cheese products, which are sold through the Company’s Ingredients business. This divestiture includes the Albany, Minn., manufacturing facility, which is expected to operate in the ordinary course. Employees at the Albany location will be transferred from Kraft Heinz to Kerry Group.

The divestiture of the B2B powdered cheese business reflects the company’s ongoing and active portfolio optimization.

NewsDesk
NewsDesk
The editorial team of The Packman who handle all the press releases with Sunil Jain working as the desk editor.

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