Kraft Heinz News & Media

Kraft Heinz suffers Q4 2021 losses, posts FY earnings gain

February 16, 2022

Kraft Heinz reported quarterly sales and earnings losses for Q4 2021 ending Dec. 25, 2021 compared to Q4 2020, while full year results included a significant…

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Kraft Heinz promotes Andre Maciel, Yang Xu to leadership roles

January 24, 2022

Andre Maciel The Kraft Heinz Co. has promoted Andre Maciel from senior vice president, U.S. CFO and head of digital transformation to executive vice…

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Kraft Heinz hires Anheuser-Busch’s Dafne Hefner

January 12, 2022

Dafne Hefner The Kraft Heinz Co. has named Dafne Hefner to the newly created role of chief strategy and transformation officer, North America Zone…

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Kraft Heinz to acquire Just Spices

December 10, 2021

The Kraft Heinz Co. has agreed to acquire an 85% stake in Germany-based Just Spices GmbH for an undisclosed sum, according to a press release. Just Spices…

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Kraft Heinz to combine U.S., Canada businesses

December 9, 2021

The Kraft Heinz Co. will combine its U.S. and Canada businesses to create the North America Zone, which is expected to be effective in the second fiscal…

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Lactalis acquires Kraft Heinz cheese business for $3.3B

November 30, 2021

Lactalis Group has acquired Kraft Heinz's natural cheese business for $3.3 billion and launched a Chicago office with 100 former Kraft Heinz employees…

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Kraft Heinz lifts Q3 2021 earnings on sales decline

October 27, 2021

The Kraft Heinz Co. reported earnings gains on declining sales for the third quarter of 2021, which reflected growth in organic net sales on top of…

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Kraft Heinz completes acquisition of Turkish food maker

October 4, 2021

The Kraft Heinz Co. has completed the previously announced purchase of Assan Foods from privately held Turkish conglomerate Kibar Holding for an undisclosed…

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Kraft Heinz to acquire Brazilian food maker

September 23, 2021

The Kraft Heinz Co. has agreed to acquire Companhia Hemmer Indústria e Comércio, a Brazilian company focused on condiments and sauces, for an undisclosed sum…

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Kraft Heinz promotes Abby Blunt to strategic advisor

September 9, 2021

Abby Blunt The Kraft Heinz Co. has promoted Abby Blunt from the global government affairs team to strategic advisor for environmental, social and…

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Kraft Heinz boosts Q2 2021 income on revenue dip

August 4, 2021

Kraft Heinz net sales decreased 0.5% from $6.65 billion in Q2, 2020 to $6.615 billion for the quarter ending June 26, 2021, including a favorable 2.3% impact…

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Kraft Heinz names Krenger chief communications officer

June 22, 2021

Kathy Krenger The Kraft Heinz Co. named Kathy Krenger as its chief communications officer, beginning July 21, reporting directly to CEO Miguel…

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Kraft Heinz to acquire Assan Foods

June 11, 2021

The Kraft Heinz Co. has agreed to purchase Assan Foods from privately-held Turkish conglomerate Kibar Holding for an undisclosed sum in a deal that values the…

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Hormel closes on acquisition of Planters from Kraft Heinz

June 7, 2021

Hormel Foods Corp. has closed its acquisition of the Planters snacking portfolio from the Kraft Heinz Co., according to a press release.

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Kraft Heinz to invest $199M in UK facility

June 2, 2021

Kraft Heinz Co. plans to invest 140 million pounds ($199 million) in a food manufacturing facility located near Wigan in the U.K., according to a MarketWatch…

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Kraft Heinz boosts sales, earnings for Q1 2021

April 29, 2021

Kraft Foods Inc.'s net sales rose 3.9% from $6.15 billion in Q1 2020 to $6.4 billion in the quarter ending March 27, 2021, according to an earnings report.

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Kraft Heinz Q4 2020 sales and earnings rise, surpass expectations

February 11, 2021

Net sales for the Kraft Heinz Co. increased 6.2% from $6.5 billion from last year's fourth quarter to $6.9 billion for the quarter ending Dec. 26, 2020…

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Hormel Foods to acquire Planters from Kraft Heinz for $2.79B

February 11, 2021

Hormel Foods Corp. has agreed to acquire the Planters snack nut portfolio from the Kraft Heinz Co. for $2.79 billion, according to a press release.

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Kraft Heinz introduces touchless condiment dispenser

November 16, 2020

Kraft Heinz has introduced an automatic dispenser to provide touchless dispensing of condiments, according to a press release.

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Kraft Heinz reports Q3 sales gain, surpasses expectations

October 29, 2020

The Kraft Heinz Co. net sales rose 6%, from $6.07 billion in 2019's third quarter to $6.4 billion for the quarter ending Sept. 26, 2020, despite an unfavorable…

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