卡夫亨氏联姻十年后分手，"主婚人"巴菲特：对拆分失望，股价一度跌超7%

Core Viewpoint - Buffett expressed disappointment over Kraft Heinz's decision to split, stating that breaking up the company will not resolve its fundamental issues, despite the company's leadership supporting the split as a means to address growth challenges [1][7][9]. Company Summary - Kraft Heinz announced it will split into two independent publicly traded companies, marking the end of the $46 billion merger led by Berkshire Hathaway and 3G Capital in 2015 [5]. - The split will create one company focused on sauces, condiments, and shelf-stable meals with annual sales of $15.4 billion, and another company that includes brands like Oscar Mayer and Kraft Singles with annual revenue of $10.4 billion [6]. - The split is expected to be completed in the second half of 2026 [6]. - Buffett, as the largest shareholder with a 27.5% stake, has not sold any shares since the merger and has previously acknowledged a misjudgment regarding the investment, which led to a $3 billion impairment loss in 2019 [8]. Industry Context - The split of Kraft Heinz is part of a broader trend in the food and beverage industry, where several companies are undergoing similar restructuring efforts, such as Kellogg's recent split into two companies [12]. - The food industry is facing pressures from health-conscious consumers and regulatory scrutiny, prompting significant changes in business strategies [13].