Kraft Heinz sells natural cheese business to Groupe Lactalis

Kraft Heinz agreed to sell its natural, grated, cultured and specialty cheese businesses to a U.S. affiliate of Groupe Lactalis for $3.2 billion. The transaction is expected to close in the first half of 2021.

“The Kraft Heinz Co., headquartered in Chicago and Pittsburgh, said it entered into a definitive agreement to sell its natural, grated, cultured and specialty cheese businesses to a U.S. affiliate of the French dairy giant Groupe Lactalis for the purchase price of $3.2 billion.”dairyfoods.com

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• dairyfoods.comMergers and acquisitions in the dairy industry - Articles - Page 10 | Dairy FoodsOct 12, 2020

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