Kraft Heinz has completed its acquisition of an 85% stake in Germany-based Just Spices. The remaining 15% ownership stake has been retained by Just Spices’ three founders, who will continue on with the company and focus on driving the business and its international growth.
Technology-enabled direct-to-consumer spice business accelerates Kraft Heinz’s international growth strategy focused on taste elevation
December 17, 2021
The Kraft Heinz Company reached an agreement to acquire an 85% stake in Germany-based Just Spices GmbH. Just Spices’ three founders, who will continue with the company and focus on driving the business and its international growth, will retain the remaining 15% ownership stake.