Vending

Kraft Heinz to acquire Brazilian food maker

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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, according to a press release.

The acquisition of Hemmer — a 106-year-old company headquartered in Blumenau, Santa Catarina — is designed to expand consumers' taste options in Brazil, while supporting Kraft Heinz's strategy of growing its International Taste Elevation product platform and its presence in emerging markets. The completion of this transaction is subject to regulatory approvals by Brazil's Administrative Council for Economic Defense.