Kraft Heinz

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Big Food's stake in the future - in-house venture-capital funds 

20 Mar 2019

just-food presents a guide to some of the main in-house venture capital funds operated by major food businesses. 

The age of disruption in an industry turned upside down

19 Mar 2019

just-food's US columnist surveys the rapid transformation in the sector Stateside and argues disruption is now the new normal.

Hatching new ideas - Big Food's incubator and accelerator programmes

18 Mar 2019

Our guide to some of the main incubators and accelerators operated by major food manufacturers as they look to tap into some of the consumer trends shaping demand.

New products - PepsiCo debuts poppable Flavor Shots snacks under Cheetos and Doritos brands; Nestle launches Milkybar Mix Ups; Joe & Seph's enters confectionery with Popcorn Bites; Kerry Foods' Cheeshapes

8 Mar 2019

This week's batch of new products includes a ketchup under Orkla's Felix brand with no added sugar or sweeteners and US snacks business Blue Diamond launching Almonds & Fruit.

Kraft Heinz names new tranche of start-ups for Springboard incubator

5 Mar 2019

US food group Kraft Heinz has revealed the five start-up businesses that will take part in the second class of its incubator programme.

Kraft Heinz facing US lawsuit over 3G-linked shares transfer

1 Mar 2019

Embattled Kraft Heinz is facing a lawsuit questioning the actions of its controlling shareholder six months before it announced a multi-billion dollar writedown and huge losses.

Why Kraft Heinz's travails aren't a surprise

25 Feb 2019

The business strategy pursued by Kraft Heinz's owners drove margins and shook up competitors but there have always been question marks over the company's top-line prospects.

Berkshire Hathaway overpaid for Kraft, says Warren Buffett

25 Feb 2019

Investor Warren Buffett has spoken to US business news channel CNBC about the price his Berkshire Hathaway business paid for food group Kraft Heinz.

Kraft Heinz loses $16bn off market value after shares plummet

25 Feb 2019

US food group Kraft Heinz has seen its market value change dramatically after a hectic day's trading on the stock market.

"Our model is working," insists Kraft Heinz after $15bn writedown

22 Feb 2019

US food heavyweight Kraft Heinz has issued a robust defence of its strategy after booking a huge writedown of more than US$15bn. 

Kraft Heinz reports huge loss related to $15bn writedown amid probe by securities regulators

22 Feb 2019

Kraft Heinz has instigated a multi-billion dollar writedown on some of its major brands, resulting in a huge fourth-quarter loss.

Kraft Heinz enters ketchup deal in India with Japan's Nissin Foods

11 Feb 2019

US company Kraft Heinz has entered a distribution deal with a subsidiary of Japan's Nissin Foods Group in India.

Unilever, Kraft Heinz sign Canada food-waste pledge

21 Jan 2019

Unilever and Kraft Heinz are among eight companies operating in Canada to pledge to cut food waste in their operations in half.

Kraft Heinz and Mondelez 'short-listed in Campbell international business auction'

2 Jan 2019

Food giants and private-equity firms have been short-listed to participate in the second round of Campbell Soup Co's auction of its international business, reports suggest.

New products - FrieslandCampina launches PlanetProof milk; Bonduelle brings out Fresh Picked salads in Canada; Kraft Heinz launches Philadelphia-branded dips; Carambar & Co. develops organic Krema confectionery

20 Dec 2018

This week's batch of products include more products sold under the Philadelphia brand in the US and an organic range sold under a major confectionery brand in France.

November M&A deal volumes dip but still fuel 2018 growth - data

6 Dec 2018

As strategists look to M&A to gain an edge on the competition, just-food's index of mergers and acquisitions in the packaged food sector monitors activity each month.

Kraft Heinz to buy US condiments maker Primal Kitchen

29 Nov 2018

Kraft Heinz has struck a deal to buy a US maker of condiments and snacks, part of the ketchup giant's bid to work with or acquire brands that "disrupt the food industry".

Mondelez, Kraft Heinz 'eyeing Campbell's Australian snacks unit Arnott's'

12 Nov 2018

Arnott's, the Australia-based snacks business among the assets put up for sale by Campbell Soup Co., is reportedly being eyed by a clutch of the largest players in the sector.

Kraft Heinz under investor pressure to go private

7 Nov 2018

Kraft Heinz is coming under pressure from one of its largest investors following the release of lower-than-expected third-quarter earnings.

Kraft Heinz sells Canadian cheese assets to Lactalis-owned Parmalat

7 Nov 2018

US food giant Kraft Heinz is selling its Canadian natural cheese business to a major European dairy firm in a US$1.23bn deal.

Kraft Heinz opens new digital hub in US after Wellio acquisition

6 Nov 2018

US food giant Kraft Heinz is aiming to fuel innovation and growth following an acquisition and the launch of a new digital initiative.

Kraft Heinz "confident profitability will improve"

5 Nov 2018

Kraft Heinz has told analysts it is confident its profitability will improve after the US food giant booked a year-on-year decline in earnings in the third quarter.

Kraft Heinz to sell consumer brands division in India to Zydus 

24 Oct 2018

Kraft Heinz has announced one of its divisions in India is to be sold to consumer health group Zydus Wellness.

Kraft Heinz targets food-tech companies with new $100m VC fund

5 Oct 2018

US food giant Kraft Heinz has launched a venture fund that will invest in emerging tech companies that are aiming to transform the food industry.

UK food industry commits to halving food waste

25 Sep 2018

Some 90 UK food industry organisations - including producers, manufacturers and retailers - have committed to halving food waste.

Kraft Heinz invests GBP20m in UK canning plant

24 Aug 2018

The UK arm of US food giant Kraft Heinz is investing GBP20m (US$25.6m) in a canning plant based at Wigan in the north-west of England.

Kraft Heinz Australia unit ordered to pay penalty over misleading health claim

24 Aug 2018

The Federal Court of Australia has ordered a local Kraft Heinz unit to pay penalties totalling AUD2.25m (US$1.64m) for making a misleading health claim that its Little Kids Shredz products were beneficial for young children.

New Products - Gluten-free Genius Foods launches plant-based wraps; Campbell adds sweet potato drink to its V8 range; Struik launches Bunlimited hot dog meal kit in UK; Premier Foods expands Oxo portfolio

23 Aug 2018

This week's round-up of the most notable product development from the international food sector includes Bao Bun kits from London-based School of Wok.

We don't want any "long-term regrets" on M&A, says Kraft Heinz CEO

6 Aug 2018

Kraft Heinz CEO Bernardo Hees, presiding over a business facing ongoing speculation over its next M&A move, has said the US group does not want to strike deals that would make the company "happy for a quarter" but then regretful months later.

Kraft Heinz's India asset sale 'moves to second round'

3 Aug 2018

Kraft Heinz has reportedly taken the auction of a clutch of its assets in India to the second round, with Tata Group and FMCG business Dabur India said to be in the running.

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