A deal for Planters would be Hormel Foods’ biggest to date, the Wall Street Journal said. (Kraft Heinz promotional video screengrab via YouTube)

Kraft Heinz reported in talks to sell Planters snack business

Pandemic-based surge in snack demand wanes

Reuters — Kraft Heinz is in talks to sell its Planters snack business to Skippy peanut butter maker Hormel Foods for about US$3 billion, the Wall Street Journal reported on Tuesday, citing people familiar with the matter. The deal could be announced as soon as next week if talks do not fall apart, the Journal […] Read more

A Heinz ketchup packing line. (Kraft Heinz video screengrab)

Kraft Heinz backed for ketchup production in Montreal

Company to add ketchup line at Mont Royal site

A $23.3 million expansion of Kraft Heinz’s food manufacturing complex in Montreal will see the company resume making Heinz ketchup for Canada, in Canada. The U.S.-based food processing giant and the Quebec government on Nov. 17 announced the expansion plan for the company’s Mont Royal plant, which today makes products such as KD Mac + […] Read more

Kraft’s Canadian grated cheese lines are among the businesses going to Lactalis for US$3.2 billion. (KraftWhatsCooking.ca)

Kraft Heinz to sell several cheese businesses to Lactalis

Canadian grated cheese lines among assets going for US$3.2 billion

Chicago | Reuters — Kraft Heinz said on Tuesday that it will sell several of its cheese businesses to a U.S. affiliate of France’s Groupe Lactalis for US$3.2 billion. After weak sales results and several billion-dollar writedowns over the past two years, there has been market speculation about which categories Kraft Heinz will offload from […] Read more



(KraftCanada.com)

Parmalat’s play for Kraft cheeses clears regulators

Dairy giant Parmalat’s proposed $1.62 billion deal for Kraft Heinz’s “natural” cheese business in Canada has cleared federal antitrust regulators. The federal Competition Bureau on Thursday said it issued a “no action letter” to the two companies and would put up a position statement detailing its reasons in the “coming days.” The deal is expected […] Read more

(KraftCanada.com)

Parmalat to buy Kraft’s Ontario cheese plant, brands

U.S. food processing giant Kraft Heinz is taking one step back from the Canadian dairy processing business with a deal to sell its eastern Ontario cheese plant and the brands made there. The company announced Nov. 6 it has a deal in hand to sell its Canadian “natural cheese” business and its cheese plant at […] Read more

(KraftHeinzCompany.com)

Kraft Heinz profits miss on weak demand in Canada, U.S.

Reuters — Kraft Heinz, North America’s third-largest food and beverage company, reported lower-than-expected quarterly profit and sales, hurt by weak demand in the U.S. and Canada. Shares of the company, which owns brands such as Velveeta cheese and Heinz ketchup, were down nearly three per cent at $86.75 in after-hours trading on Wednesday (all figures […] Read more



Kraft Heinz, whose salad dressing and sauce offerings include A1, plans to shut its dressing and sauces plant at St. Marys, Ont. and six other U.S. facilities. (Todd Rosenberg photo courtesy KraftFoodsGroup.com)

Kraft Heinz to shut SW Ont. salad dressing plant

Merged food and condiment giant Kraft Heinz will shut down its salad dressing and sauce factory in southwestern Ontario and six other U.S. plants in a bid to cut its “excess capacity.” The company announced Wednesday it will shut its Richardson Foods plant at St. Marys, Ont., which makes and sells salad dressings, sauces and […] Read more