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...

Kraft Heinz to Invest $250 Million in Montreal’s Mont Royal Factory

Today, Kraft Heinz Canada announced a $250 million investment to modernize its Mont Royal factory in Montreal. This significant investment reinforces the company’s commitment to Canadian manufacturing and the homegrown production of its iconic brands. These funds will be directed toward upgrading and modernizing key plant systems at the Mont Royal facility – which employs over 1,000 employees – to enhance efficiency, sustainability, and innovation.

As part of this investment, Kraft Heinz Canada will work to introduce new production volume into the plant. This effort is designed to strengthen...

The Kraft Heinz Company Appoints Nicolas Amaya as President, North America

The Kraft Heinz Company today announced the appointment of Nicolas Amaya (“Nico”) as President, North America, effective February 23, 2026. In this role, Amaya will lead the Company’s North America business, overseeing strategy, operations, and performance across Kraft Heinz’s largest market. Pedro Navio, current President, North America, will step down on February 22 to pursue other opportunities. Over his eight years with the Company, Pedro played a meaningful role in leading multiple businesses and helping position the Company for the future. The Company thanks...