卡夫亨氏公司(KHC.US)于周二宣布，其董事会已全票通过一项分拆计划——将通过免税剥离(spin-off) 的方式，把公司拆分为两家独立的公开上市企业。 此外，公司当前的股息水平预计将整体维持不变;管理层的目标是通过优化资本结构，确保两家公司均 能保持投资级信用评级。 这家食品饮料巨头自今年5月起便开始评估各类战略方案，在对多种路径进行分析后，最终决定将业务 拆分为两家独立企业——分别为"全球风味提升公司(Global Taste Elevation Co.)"与"北美食品杂货公司 (North American Grocery Co.)"。 此次分拆旨在简化运营流程，让两家新公司能聚焦自身发展目标：在保留维持竞争力所需规模的同时， 进一步提升经营业绩。 截至目前，卡夫亨氏今年以来股价已下跌9%;而在盘前交易中，该股票上涨1.89%，报28.50美元。 卡夫亨氏表示，分拆后的两家公司预计将拥有充足的可自由支配现金流，这些资金可用于支持内生增长 (organic growth)、向股东返还资本，以及探索战略性交易机会。 ...

Kraft Heinz to Separate Into Two Publicly Traded Companies. Hear the details on the Bloomberg Stock Movers report. https://t.co/O5y0W8QQuf ...

Kraft Heinz Separation Overview - Kraft Heinz plans to separate into two independent companies: Global Taste Elevation Co and North American Grocery Co[4, 25] - The separation aims to allow each company to dedicate resources, reduce complexity, and align capital allocation with strategic ambitions[26, 27] - The spin-off is expected to be completed in the second half of 2026 and is expected to be tax-free to Kraft Heinz and its shareholders[66] Global Taste Elevation Co - Global Taste Elevation Co had net sales of $154 billion in 2024 and adjusted EBITDA of $40 billion[28] - More than 75% of net sales are from market-leading brands with approximately 90% U S household penetration[41] - The company has a 7% 5-year CAGR in Taste Elevation and a 10% 5-year CAGR in Away From Home organic net sales[43] North American Grocery Co - North American Grocery Co had net sales of $104 billion in 2024 and adjusted EBITDA of $23 billion[28] - Nearly 75% of net sales are from market-leading brands[53] - The company has an opportunity to pursue whitespace in Away From Home, with industry average Away From Home sales at 19% compared to the company's 4%[57] Strategic Rationale - Portfolio complexity is correlated to lower growth rates[22] - The separation will minimize operational overlap and replication, with anticipated dis-synergies of up to $300 million, a substantial portion of which can be mitigated in the near term[58] - The company realized annual efficiencies of approximately $35 million from 2022 to 2024 through shared services efficiencies[13]

Meanwhile, breaking news. Craft Hind announcing it plans to separate into two companies. The names of the companies will be determined at a later date, but one which it refers to as Global Taste Elevation will include brands like Hines, Philadelphia Cream Cheese, Craft Mac and Cheese.That's obviously the favorite uh and other shelf stable uh meals. And then the other company is going to be called or at least temporarily, North American Grocery, not nearly as exciting. uh which is going to include uh brands ...

Kraft Heinz, a giant in the packaged foods industry, announces plans to split into two separate publicly traded businesses. https://t.co/hKyy6elJwT ...

Kraft Heinz, a giant in the packaged foods industry, announces plans to split into two separate publicly traded businesses. https://t.co/7nQCoRihXQ ...

Company Overview - Kraft Heinz will split into two companies, reversing much of the $46 billion merger from a decade ago that created one of the largest food companies globally [1] - The split aims to enhance capital allocation, prioritize initiatives, and drive scale in promising areas, according to Miguel Patricio, executive chair of the board [4] New Company Structure - The first new company will focus on shelf-stable meals, including brands like Heinz, Philadelphia, and Kraft mac and cheese, projected to have $15.4 billion in net sales for 2024, with approximately 75% of sales from sauces, spreads, and seasonings [2] - The second new company will consist of a "scaled portfolio of North America staples," including Oscar Mayer, Kraft singles, and Lunchables, with an estimated $10.4 billion in net sales for 2024 [3] Historical Context - The merger that created Kraft Heinz in 2015 was initiated by Berkshire Hathaway and 3G Capital, initially well-received by investors, but faced challenges as U.S. sales declined [4] - The company faced significant issues, including a subpoena from the SEC regarding accounting policies, a 36% dividend cut, and a $15.4 billion write-down on major brands [5] - Following these challenges, Kraft Heinz underwent leadership changes, additional write-downs, and divestitures of certain business units, including its cheese unit and nuts division [6] Industry Trends - The split aligns with a broader trend in the food industry, where companies are pursuing breakups to divest from slower-growth categories and enhance investor appeal [7] - Other companies, such as Keurig Dr Pepper and Kellogg, have also pursued similar strategies to separate their business units for better performance [7]

Breaking: Kraft Heinz is splitting into two public companies, unwinding a much-maligned megamerger from 2015 https://t.co/It2WDvezbH ...

Core Viewpoint - The food and beverage industry is undergoing a significant transformation as major companies announce plans to eliminate artificial colors from their products by 2025, driven by regulatory changes and shifting consumer preferences towards healthier options [6][7][9]. Group 1: Artificial Colors and Their Role - Artificial colors are essential in the food and beverage industry, enhancing the visual appeal of products and masking imperfections [3][5]. - They help consumers identify flavors through color differentiation, such as orange juice being yellow and kiwi juice being green [3]. Group 2: Industry Changes and Regulatory Impact - Major food companies like Nestlé, Kraft Heinz, and PepsiCo plan to phase out artificial colors in response to a new FDA initiative requiring the elimination of certain synthetic colors by the end of 2026 [7][8]. - This shift marks a transition from voluntary clean label movements to mandatory regulatory actions in the U.S. food additive landscape [7]. Group 3: Market Demand and Alternatives - The growing consumer demand for healthier food options is accelerating the removal of artificial colors, as more people scrutinize ingredient lists [9]. - Natural colors are emerging as the primary alternative, although they present challenges in terms of cost and availability, being 3-5 times more expensive than synthetic options [13]. Group 4: Implications for Chinese Brands - Chinese food companies are likely to follow suit in eliminating artificial colors, especially as international brands introduce natural color products in the Chinese market [15][17]. - Some Chinese brands have already begun this transition, emphasizing clean labels and natural ingredients to meet consumer expectations [17].

智通财经APP获悉，据《华尔街日报》报道，卡夫亨氏公司(KHC.US)正接近敲定一项拆分计划，拟将 这家美国大型食品饮料企业拆分为两家独立实体，相关公告或于下周发布。 消息人士透露，这家食品巨头计划将旗下杂货业务(涵盖卡夫通心粉奶酪、维维塔奶酪、吉露果冻、酷 儿饮料等产品)拆分出来，该实体估值约为200亿美元;剩余业务则聚焦番茄酱、调味酱等增长更快的品 类，将组建为规模更小的独立公司。 此次拆分本质上是对2015年卡夫食品集团(Kraft Foods Group)与亨氏公司(H.J. Heinz Company)合并交易 的"逆转"，而正是当年的合并造就了这家美国第三大食品饮料企业。 然而，就在公司忙于削减成本、寻求收购之际，却未能察觉消费者口味已转向更健康的食品选择。随着 市场对加工奶酪、热狗等产品的需求下滑，公司销售额承压，最终不得不承认旗下卡夫与奥斯卡·梅耶 品牌的估值远低于预期，并计提了150亿美元的资产减值损失。 此外，时任首席执行官贝尔纳多·赫斯(Bernardo Hess)也承认，零基预算法(即每个预算周期的所有支出 都需从零开始论证合理性)实施失败。赫斯在2019年表示，"我们此前对成本节约效 ...