Items Tagged with 'Groupe Lactalis'

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Kraft Sells Cheese Business Groupe Lactalis
Mergers & Acquisitions

Kraft Heinz sells cheese brands to Groupe Lactalis for $3.3 billion

Brands sold include Cracker Barrel, Breakstone's, Knudsen, Athenos, Polly-O, Hoffman's and Cheez Whiz.
November 29, 2021

Kraft Heinz has completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of Groupe Lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion. 


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