Kraft Heinz to sell part of cheese business for $3.2 Billion

Kraft Heinz said Tuesday that it had reached a deal to sell its U.S. natural-cheese business and a mix of other cheese brands in North America and internationally to France’s Groupe Lactalis SA for $3.2 billion.

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Elena Grigorian (@ElenaGrigorian1) / X

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Kraft Heinz will cut $2 billion in costs and will reinvest in its brands

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Kraft Heinz plans to sell its natural cheese business to Lactalis and cut $2 billion in costs

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Kraft Heinz announces deal to sell its natural cheese business

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