Kraft Heinz Splits into Two Companies, Redefining Its Business Strategy

Strategic Split of Kraft Heinz
Kraft Heinz is undergoing a significant transformation, splitting into two companies after a decade of being merged. This move is aimed at revitalizing their brand strategy and catering more effectively to consumer demands.
Details of the New Companies
- Global Taste Elevation Co. will focus on brands like Heinz, Kraft Mac & Cheese, and Philadelphia cream cheese.
- North American Grocery Co. will include popular brands such as Oscar Mayer and Kraft Singles.
While the final names for the two new companies are yet to be announced, this decision stems from a strategic review initiated in May, indicating a shift in corporate structure.
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