We use our own and third-party cookies to optimize your experience on this site, including to maintain user sessions. Without these cookies our site will not function well. If you continue browsing our site we take that to mean that you understand and accept how we use the cookies. If you wish to decline our cookies we will redirect you to Google.
Already have an account? Sign in.

 Remember Me | Forgot Your Password?

Kraft Heinz To Sell Planters Snack Nuts Business?

February 3, 2021: 12:00 AM EST
The Wall Street Journal reports that Chicago-based Kraft Heinz is in talks to sell its Planters snack nuts business to Hormel Foods in a deal potentially valued at $3 billion. Kraft Heinz has eliminated more than 1,100 products in recent months as it focuses on more successful products. Best known for its dry roasted peanuts, Planters also sells cashews, and cheez balls and curls. It may be able to find procurement savings by teaming up with Hormel, which owns nut butter brands Skippy and Justin's)
Elaine Watson, "Kraft Heinz reportedly in talks to sell Planters to Hormel Foods", FoodNavigator-USA.com, February 03, 2021, © William Reed Business Media Ltd
Domains
FOOD BUSINESS NEWS
Market Segments
News
Companies
Strategy
Savory Snacks
Geographies
Worldwide
North America
United States of America
Categories
Business News
Companies
Companies, Organizations
Deals, M&A, JVs, Licensing
Products & Brands
Developed by Yuri Ingultsov Software Lab.