Kraft Heinz to Divest North American Coffee Business for $650 Million
As of November 4, leaders at Kraft Heinz agreed to sell the company's North American coffee business to an affiliate of private equity firm One Rock Capital Partners for $650 million, according to a company announcement from the owner of brands like Ore-Ida and Capri Sun.
The deal, expected to close mid-2027, covers the Maxwell House, Gevalia, Nabob, Yuban, Tassimo, Ethical Bean, and Sanka brands. Kraft Heinz will retain a 30% non-controlling stake. The deal also includes coffee manufacturing facilities in Jacksonville, Florida...
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