Kraft Heinz to Separate Into Two Businesses: What Should Investors Know

Executive SummaryKraft Heinz KHC is splitting itself into two independent, publicly traded companies via a tax-free spin-off expected in H2 2026. The transaction will create two companies: Global Taste Elevation Co (sauces, spreads and shelf-stable meals) and North American Grocery Co. (grocery staples business). The move is designed to disentangle distinct brand portfolios, so each can pursue clearer growth, margin and capital-allocation strategies.Spin-Off DetailsWhat's being spun off & what parent retain ...