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Kraft Heinz splits into two companies to fix declining performance and focus on growth.
Kraft Heinz is splitting into two companies—Global Taste Elevation Co and North American Grocery Co—to address years of poor stock performance and operational challenges.
The move follows a decade of struggles tied to aggressive cost-cutting, a major 2019 write-down, and declining sales amid shifting consumer preferences toward healthier options, private-label brands, and the rise of weight-loss drugs.
The restructuring aims to improve focus and growth by separating global and domestic operations.
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Kraft Heinz se divide en dos compañías para corregir el desempeño decreciente y centrarse en el crecimiento.