Foodservice

Kraft Heinz finalizes Just Spices acquisition

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January 21, 2022

The Kraft Heinz Co. has completed its previously announced acquisition of an 85% stake in Germany-based Just Spices GmbH, according to a press release.

The remaining 15% ownership stake has been retained by Just Spices' three founders who will continue with the company and focus on its international growth. The proposed deal was first announced on Dec. 10, 2021.