Kraft Heinz Announces Agreement to Sell Italian Baby and Specialty Food Business to Italy's NewPrinces Group

• click to rate

  Posted by Two Blokes Jul 10 - Filed in Stock - 5 views
  
  PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) announced today that it has entered into an agreement to sell its infant and specialty food business in Italy to NewPrinces S.p.A. (“NewPrinces” and, together with its subsidiaries, the “NewPrinces Group”), one of the country's leading food and beverage producers.The proposed transaction is expected to close at the end of 2025, subject to regulatory review and approval. The agreement wi.