Kraft Heinz Completes Sale of Nuts Business
The Kraft Heinz Company (Kraft Heinz or the Company) announced today that it has completed the sale of its nuts business to Hormel Foods Corporation in a cash transaction for $3.35 billion.
- The Kraft Heinz Company (Kraft Heinz or the Company) announced today that it has completed the sale of its nuts business to Hormel Foods Corporation in a cash transaction for $3.35 billion.
- The sale of our Nuts portfolio is another important milestone in our transformation, said Kraft Heinz CEO Miguel Patricio.
- We are driving transformation at The Kraft Heinz Company (Nasdaq: KHC), inspired by our Purpose, Let's Make Life Delicious.
- We leverage our scale and agility to unleash the full power of Kraft Heinz across a portfolio of six consumer-driven product platforms.