Kraft Heinz has just made a big announcement

Usually, when we see that the name of the power of Heinz makes headlines because the company drops exciting new products like Entry Volveeta And Macaroni and cheese with pizza taste. The company has recently been in the news for other reasons.

In June the focus was then shifted to the company’s ingredients it announced It would remove everyone Food, drugs and cosmetic (FD & C) colors From its entire line -up until 2027.

Now Kraft Heinz is in the spotlight again because it costs another large change in the brand in the way.

Kraft Heinz announces the plan to divide into two separate companies

On September 2, Kraft announced Heinz to separate himself into two companies. The strength Foods Group and the HJ Heinz Holding Corporation brought together for the first time in 2015, and since then, Kraft Heinz has dominated the industry with some of the biggest names in food.

Although its portfolio contains a long list of successful brands, the company of the company is Stock prices have continued a downward trend for years. According to Kraft Heinz, the division is strategic and the decision will enable a greater focus on individual brands, an increased total value of the shareholder and more profitable growth.

“We are firmly convinced that an increased focus for shareholders will lead to better performance and added value,” said Jack Pope, head of the power of Heinz Board.

After Press releaseThe two resulting companies have not yet been named, but strength Heinz offered insights into the distribution of the brands. The group is divided into two units: Global button Elevation Co. and North American Grocery Co.

The Global Taste Elevation Co. HeinzPresent PhiladelphiaABC and Power Mac & Cheese. In addition, sauces, spreads and spices are housed.

North American Grocery Co., on the other hand, will focus on brands including its shift Oscar MayerPower singles, ORE IDA and Lunchles.

What does that mean for buyers?

At this point it is not clear how or whether the change affects consumers. At the beginning of this process there are many changes internally. Before completion, Heinz must obtain the final approval from his board of directors and the US Securities and Exchange Commission, which is not expected by the second half 2026.

In the future, Kraft Heinz believes that the separation will enable time to focus on future growth and to better use customers. “This step will suspend the power of our brands and unlock the potential of our business,” said Carlos Abrams-Rivera, CEO of Kraft Heinz.