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flag Kraft Heinz splits into two companies to boost growth and adapt to changing consumer tastes.

flag Kraft Heinz, formed by the 2015 merger of Kraft Foods and Heinz, is splitting into two companies to better focus on growth. flag One company will handle faster-growing brands like Heinz and Philadelphia, while the other will manage slower-growing grocery products, including Oscar Mayer and Lunchables. flag The split aims to simplify operations and allocate capital more effectively amid declining value and changing consumer preferences.

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