Kraft Heinz to split a decade after their megafood merger

Kraft Heinz is splitting into two companies a decade after they joined in a massive merger
FILE - At left, in a March 25, 2015, file photo, a Heinz ketchup sign is shown on the side of the Senator John Heinz History Center in Pittsburgh. At right, also in a March 25, 2015, file photo, the Kraft logo appears outside of their headquarters in Northfield, Ill. (AP Photo/File)

Credit: AP

Credit: AP

FILE - At left, in a March 25, 2015, file photo, a Heinz ketchup sign is shown on the side of the Senator John Heinz History Center in Pittsburgh. At right, also in a March 25, 2015, file photo, the Kraft logo appears outside of their headquarters in Northfield, Ill. (AP Photo/File)
Business
By MICHELLE CHAPMAN – AP Business Writer
Sept 2, 2025
X

NEW YORK (AP) — Kraft Heinz is splitting into two companies a decade after they joined in a massive merger.

One of the companies will include shelf stable meals and include brands such as Heinz, Philadelphia cream cheese and Kraft Mac & Cheese, Kraft Heinz said Tuesday. The other will include brands such as Oscar Mayer, Kraft Singles and Lunchables. The names of the two companies will be released later.

Kraft Heinz said in May that it was conducting a strategic review of the company, signaling a potential split.

“Kraft Heinz’s brands are iconic and beloved, but the complexity of our current structure makes it challenging to allocate capital effectively, prioritize initiatives and drive scale in our most promising areas,” Kraft Heinz Executive Chair Miguel Patricio said in a statement.

Kraft Heinz has no plans to change its current headquarter locations in Chicago and Pittsburgh. It currently expects the transaction to close in the second half of 2026.

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