Philadelphia Plant-Based spread marks the first time a mainstream cream cheese brand is entering the plant-based market with a recipe that mirrors the taste and creamy texture of the iconic Philadelphia brand.
Carlos Abrams-Rivera, current U.S. Zone president, will lead the newly formed North America Zone.
December 8, 2021
The Kraft Heinz Co., headquartered in Chicago and Pittsburgh, said it will combine its U.S. and Canada businesses to create the North America Zone, which is expected to be effective in the second fiscal quarter of 2022.
The transaction involves the divestiture of Kraft Heinz’s natural, grated, cultured and specialty cheese businesses in the United States; its grated cheese business in Canada; and its grated, processed and natural cheese businesses outside the United States and Canada.
November 29, 2021
The Kraft Heinz Co., headquartered in Pittsburgh and Chicago, said it completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of Groupe Lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion.