Tag "Kraft Heinz"

JDE Peet’s hires ex-Kraft Heinz exec to lead coffee group

Oliveira’s experience includes a decade at Kraft Heinz in several executive positions, including president of international markets. Dutch tea and coffee major JDE Peet’s has picked former Kraft Heinz executive...

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Kraft Heinz lowers its 2024 sales forecast

Kraft Heinz, one of the largest food companies, has cut its sales forecast for 2024 as higher prices put more pressure on consumer demand. As a result of the significant...

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Capri-Sun ‘mulls minority-stake sale’

The Swiss-headquartered group is reportedly seeking to raise more than $500m. Juice drink maker Capri-Sun Group is reportedly eyeing a sale of a minority stake in the business. Owned by...

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Kraft Heinz still feeling impact of cost-conscious consumers

US sauces and soup major Kraft Heinz remains in negative territory as far as volumes are concerned as cash-strapped consumers look for cheaper options. The company has also been hit...

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Food-inspired hair dye: Actress Julia Fox backs novel Velveeta Gold hair color launch

Kraft Heinz unveils its first hair dye, Velveeta Gold, which resembles its “iconic” yellow-hued cheese. To launch the limited-edition, semi-permanent hair dye, Velveeta partners with actress Julia Fox, known for...

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Kraft Heinz enters plant-based meats with Oscar Mayer hotdogs and sausages

The CPG giant and its partner, NotCo, hope the offerings can shake up the alternative meat sector, which remains “underdeveloped and under-consumed.” Kraft Heinz is launching plant-based Oscar Mayer Hot...

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Kraft Singles rolls out new sliced cheese flavours for the first time in nearly a decade

Kraft Singles is launching three new flavours of its popular cheese range – jalapeño, garlic and herb and caramelised onion – for the first time in nearly a decade. Previously...

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Kraft Heinz debuts first major Crystal Light innovations in more than 10 years

The CPG giant is launching Mixology, Immunity and Energy offerings while redesigning the drink mix’s logo and packaging to help it stand out on shelves. Kraft Heinz’s Crystal Light brand is...

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Kraft Heinz launches plant-based mac & cheese

The product, which starts hitting shelves this week, is the third innovation launched by the CPG giant and food tech company NotCo in just over a year. Kraft Heinz is...

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Anheuser-Busch spends $13M to upgrade Georgia brewery

The investment in its Cartersville location will increase the production of its craft offerings and beyond beer portfolio, which includes hard seltzers and canned cocktails. AB InBev’s Anheuser-Busch spent $13...

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Kraft Heinz benefiting from global recognition

The global recognition of the Heinz brand has boosted international growth for the Kraft Heinz Co. “The Heinz brand is one of those unique brands in the world that, although...

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Lactalis launches Président into the whipped cream category

As a rival to Conagra Reddi-wip and Kraft Heinz Cool Whip, Lactalis is launching the cheese and gourmet butter brand Président into the whipped cream category. The new French-style Président...

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Ketchup giant Kraft Heinz is targeting younger consumers

The food industry giant Kraft Heinz plans to enter the school catering sector in the United States by offering its own branded products in cafeterias. Its goal is to introduce...

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Kraft Heinz to spend more than $400M to build Illinois distribution center, hire 150-plus workers

The 775,000-square-foot facility will allow the CPG giant to reduce its environmental footprint, boost supply chain efficiencies and ship its products faster. Kraft Heinz plans to spend more than $400...

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Kraft Heinz develops customisable sauce dispenser

Kraft Heinz Co. has developed a digital sauce dispenser, which consumers can use to create their own sauce combinations. The freestanding touchscreen-operated device allows users to choose from more than...

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Kraft Heinz Introduces IHOP Coffee To Stores

Kraft Heinz has announced the launch of IHOP Coffee at grocery stores in the United States. Pancake-inspired IHOP Coffee is made with 100% arabica beans and is now available at...

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Kraft Heinz enters US seasonings segment with Just Spices

Kraft Heinz is getting into the seasonings business, expanding its European brand Just Spices to the United States. Kraft Heinz purchased an 85% stake in Just Spices last year. The...

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NotMayo: Kraft Heinz and NotCo roll out plant-based mayonnaise in the USA

NotMayo is the name of a new plant-based mayonnaise launched by Kraft Heinz’s joint venture with NotCo, which debuted in the USA this March. The product is made with chickpea flour,...

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Heinz teams up with Ed Sheeran to launch Tingly Ted’s hot sauce

Ed Sheeran has teamed up with Heinz to launch his own brand of hot sauces. Called Tingly Ted’s, the brand has debuted with two variants: Tingly and Xtra Tingly. Tingly...

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Kraft Heinz launches plant-based cheese slices through NotCo joint venture

Kraft Heinz and NotCo are launching NotCheese, a plant-based version of the iconic Kraft American cheese, CEO Miguel Patricio said in prepared remarks with Kraft Heinz’s quarterly earnings report adding...

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Heinz profits fall 10.9% amid inflationary pressures

The Kraft Heinz Company have published its second quartile results revealing “strong price realization and resilient demand” despite an EBITDA decrease of 10.9%. The FMCG company reported a 13.4% decrease in gross...

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Kraft Heinz acquires majority stake in Just Spices

Kraft Heinz announced to have completed the acquisition of an 85-percent stake in the Germany-based Just Spices GmbH. The remaining 15 percent are retained by the three founders. Just Spices...

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There may be a shortage of ketchup in the US

Product shortages occored all over the past year, mainly due to the coronavirus pandemic that has affected many sectors around the world. The latest shortage on the U.S. market is...

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COVID-19: In quarantine abroad

Four FMCG managers talked to our magazine about the days they had spent in quarantine abroad during the coronavirus pandemic. Eszter Rajz (from now on abbreviated as RE) works for...

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Kraft Heinz set to sell parts of its cheese business to Groupe Lactalis

For 3.2 billion dollars, Kraft Heinz Company sells parts of its cheese business to the US affiliate of Groupe Lactalis. The transaction is expected to close in the first half...

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Spoonable snacking: Kraft Heinz launches vegetable and fruit-packed on-the-go smoothies

Tapping into better-for-you snacking trends, the Kraft Heinz Company has released a new range of “spoonable smoothies,” coined Fruitlove. The new launch combines the benefits of creamy yogurt and real...

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Huge loss at the American food giant

The American Kraft Heinz, one of the world’s leading food companies, closed last year’s last quarter with a 12.61 billion USD loss due to a 15.4 billion USD valuation of...

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