Kraft Heinz suspends spin-off plans
Kraft Heinz has put its plans to split the company in two on hold. The new CEO, Steve Cahillane, wants to prioritize growth and improving financial performance.
In September 2025, Kraft Heinz announced that it would establish two separate companies to improve its strategic and operational focus: an American grocery division with brands such as Oscar Mayer, Kraft, and Lunchables, and a global sauce division with Heinz as its flagship. Now those plans appear to be on hold.
CEO Cahillane, who recently took over as head of the company, believes that the opportunities are greater than expected and that many of the current problems can be solved, Retail Detail reports. “My priority is to return the company to profitable growth,” the CEO said on Wednesday. He announced that the company will invest $600 million (approximately €560 million) in marketing, sales, R&D, and product improvement.
Kraft Heinz’s total net sales fell by 3.5% to $24.49 billion (approximately €22.6 billion) in 2025. The company reported an operating loss of $4.7 billion (€4.3 billion), mainly due to goodwill amortization. A year earlier, it had posted a profit of $1.68 billion (approximately €1.6 billion).
Related news
Markets facing a structural turning point in 2026
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Aldi Süd To Eliminate Hundreds Of Jobs At Its German Headquarters
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Tesco records strong Q3 with increased online sales and delivery service growth
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >Related news
How will we pay for coffee in 2030, and will Europe finally get its own financial infrastructure?
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >The government supported food industry developments with more than one thousand billion forints
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >While the world changes, the shared experience is eternal: Unicum’s new commercial debuts with a journey across universes
🎧 Hallgasd a cikket: Lejátszás Szünet Folytatás Leállítás Nyelv: Auto…
Read more >

