The company sold its Kraft Natural Cheese business to Group Lactalis in 2020. The move removed a lower-margin business from the portfolio, provided cash and liquidity for the turnaround ...

The deal is the second major sale for Kraft Heinz in the last six months. Last fall, it agreed to its natural cheese business to French firm Lactalis for $3.2 billion. It's also the latest step ...

There have been some divestitures along the way, with the sale of the nuts business to Hormel (HRL) in 2021 and the exit from Lactalis natural cheese the same year. Still, Kraft Heinz clearly has ...

Lactalis, which said imported products account for just 1% of its American business, has been expanding in the US in recent years. In 2020, the group agreed to acquire Kraft Heinz Co.’s natural ...

According to Arizton’s latest research report, the global diary blends market is growing at a CAGR of 3.90% during 2024-2030.

NEW YORK: The world’s largest dairy maker, France’s Groupe Lactalis, is expanding in Chicago after a US$3.2bil (RM14.9bil) deal to acquire cheese brands from Kraft Heinz Co. The family-owned ...

Lactalis’s business in Canada is, like in many of the privately-owned group’s markets, centred on cheese, not least after its acquisition in 2018 of a series of assets from Kraft Heinz.

The maker of Président butter said tariffs on agriculture imports into the US will raise prices for consumers as companies ...