Business4 sources
Kraft Heinz Sells North American Coffee Business for $650 Million
- Kraft Heinz is selling its North American coffee business.
- The deal is valued at $650 million.
- The buyer is private equity firm One Rock Capital Partners.
- The sale is part of CEO Steve Cahillane's turnaround efforts.
- The divestiture is expected to help revive the company.
Articles (4)
Barron's·
Kraft Heinz is Selling Its Coffee Business. Its Stock is Brewing.
Reuters·
Kraft Heinz to divest North America coffee unit amid CEO turnaround efforts
Bloomberg·
Kraft Heinz to Divest North American Coffee Business in Private Equity Deal
CNBC·
Kraft Heinz to divest its North American coffee business in $650 million deal