Kraft Heinz to split a decade after megafood merger

[BumRushDaShow]

Source: ABC News/AP

September 2, 2025, 6:25 AM


NEW YORK -- Kraft Heinz is splitting into two companies a decade after they joined in a massive merger that created one of the world's biggest food companies on the planet.

One of the companies will include shelf stable meals and include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese, Kraft Heinz said Tuesday. The other will include brands such as Oscar Mayer, Kraft Singles and Lunchables. The names of the two companies will be released later.

Kraft Heinz said in May that it was conducting a strategic review of the company, signaling a potential split. “Kraft Heinz’s brands are iconic and beloved, but the complexity of our current structure makes it challenging to allocate capital effectively, prioritize initiatives and drive scale in our most promising areas,” Executive Chair Miguel Patricio said in a statement.

The path to the merger of Kraft and Heinz began in 2013, when billionaire investor Warren Buffett teamed up with Brazilian investment firm 3G Capital to buy H.J. Heinz Co. At the time, the $23 billion deal was the most expensive ever in the food industry.

Read more: https://abcnews.go.com/Business/wireStory/kraft-heinz-split-decade-after-megafood-merger-125173208

[LiberalArkie]

1. Glad to see that the corporations are finally seeing that BIGGER is not always better.

[CurtEastPoint]

2. What do you want to bet they come up with 2 made up word names, like Flomulaire and Evalink or some shit

[LiberalArkie]

4. Yea.. Should be maybe Heinz for the perishable and Kraft for the meat, cheese and stuff.

The names are too old to loose, in my opinion

[FakeNoose]

10. They've already done that, as we Pittsburghers learned a few years ago

Our Steelers football stadium was built to be called "Heinz Field" and that's how we've referred to it since 2001.

However the major sponsor - namely Kraft-Heinz - informed us in 2021 that the Heinz Field stadium is to be renamed "Acrisure" Stadium. We all kind of freaked out over this, and many of us still call it "Heinz Field" anyway. But this change happened during the Covid lockdown, and there was no public demonstration or outcry over it.

Acrisure is the new-new-new brand they want to promote, even if the name "Kraft-Heinz" bites the dust.

Meanwhile much of the historic site of the original Heinz corporate headquarters on the Northside has been rehabbed into luxury and/or funky apartments, depending on one's point of view. There's way less manufacturing at the original Pittsburgh plant. The company's executive board and managers are mostly in Chicago now, or they've been laid off.

[bucolic_frolic]

3. Stock futures falling sharply, gold and oil through the roof

Kraft will likely fall on the news, investors hate spinoffs.

[twodogsbarking]

5. Once upon a time there were Reps liked by Dems. Not promoting the current party but this man deserves credit.

https://www.heinzawards.org/pages/john-heinz

[BumRushDaShow]

7. Tinicum Wildlife Reserve near Philly's airport

is named for him (and is a popular bird migration habitat).

https://www.fws.gov/refuge/john-heinz-tinicum

John Heinz National Wildlife Refuge at Tinicum

[twodogsbarking]

8. Thanks for that. I am toasting you with semi-warm coffee.

[BumRushDaShow]

9. No problem!

That first pic is OLD! It doesn't have the 2 Comcast towers in it!

This one has both towers (the first opened in 2008 and the 2nd in 2017) -

[lonely bird]

6. But, but, but...

The private sector is always better at allocation of resources.

The private sector is always better at fucking workers and customers.