Kraft Heinz “pauses” company split

Kraft Heinz has put its idea to split in two on hold, with the US food-and-drinks group deciding instead to focus on getting the business growing again. In September, the Heinz ketchup and Maxwell House coffee owner announced plans to create two separate businesses with “greater strategic and operational focus” to, the company said, “drive better performance”. However, Steve Cahillane, Kraft Heinz’s recently installed CEO, said today (11 February) the company would “pause” the plans. Cahillane, the for ...