Kraft Heinz Splits Into Two $25B Giants

Benzinga

Kraft Heinz is breaking into two companies by 2026: Global Taste Elevation Co. ($15.4B in sauces, spreads, and meals) and North American Grocery Co. ($10.4B in staples like Lunchables and Kraft Singles). Leadership says the split simplifies operations and unlocks growth, though separation costs could reach $300M and reshape some of America’s most iconic brands.

Transcript

00:00Kraft Heinz just dropped a bombshell, splitting into two companies worth $25 billion combined.

00:06This isn't just a shuffle, it's a massive corporate shakeup that will change how some of

00:10America's most iconic brands like Heinz Ketchup, Oscar Mayer, and Kraft Mac and Cheese are run.

00:16One company will be called Global Taste Elevation Co., pulling in $15.4 billion from sauces,

00:23spreads, and meals. The other, North American Grocery Co., with brands like Lunchables and

00:28Kraft singles, pulling in $10.4 billion. Leadership says the split clears away complexity and unlocks

00:35growth. But here's the catch. Separation costs could hit $300 million. So will Kraft Heinz split

00:41off, unlock new value, or create more risk? The split is set for 2026. What do you think?

00:47Will this move pay off for shareholders or hurt the brand we all grew up with?

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