Their sales haven’t grown because they use cheap, bad for you ingredients. So many other brands so much better in every way.
4 days ago | 6
Great. All I can think about is this old Kids In The Hall sketch from the 90s.
4 days ago | 1
They probably figure that one of them will be going out of business. Or one side will be sued out of business and they will still have the other side.
2 days ago | 0
The great news about this is that they can still be owned by the same ownership group (looking at you, Berkshire Hathaway, Blackrock, and 3G Global) so profits can still end up in the same pockets, woo!
3 days ago | 0
USA TODAY
Kraft Heinz will split into two listed companies, one focused on groceries and the other on sauces and spreads, the U.S. packaged foods maker said on Tuesday, seeking to jump-start growth after years of sluggish sales.
The move dismantles the decade-old merger between H.J. Heinz Co and Kraft Foods Group, which was backed by Warren Buffett's Berkshire Hathaway and Brazilian private equity firm 3G Capital, that created a $45 billion packaged food giant.
"Kraft Heinz's brands are iconic and beloved, but the complexity of our current structure makes it challenging to allocate capital effectively, prioritize initiatives and drive scale in our most promising areas," said Miguel Patricio, executive chair of the Kraft Heinz board.
Read more at: www.usatoday.com/story/money/2025/09/02/kraft-hein…
4 days ago | [YT] | 79