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There’s a new big cheese in Chicago. Delayed by a federal antitrust lawsuit, French-based Lactalis Group completed its $3.3 billion acquisition of Kraft Heinz’s natural cheese business Monday ...
Quest for the Best. Kraft introduced its iconic macaroni and cheese boxed dinner way back in 1937, but these days, Kraft faces plenty of competition from grocery store versions of this family ...
On July 2, 2019, Kraft Heinz sold its Canadian natural cheese business, including the Cracker Barrel, P’tit Quebec, and aMOOza! brands to Parmalat for C$1.62 billion. [33] In September 2020, Kraft Heinz reached a deal to sell part of its cheese business to French multinational dairy product corporation Lactalis for $3.2 billion.
On 15 September 2020, Groupe Lactalis announced an agreement to acquire Kraft Heinz's natural cheese operations in North America and internationally for $3.2 billion. [16] The U.S. Department of Justice ruled that Lactalis must divest the Athenos and Polly-O cheese brands. [17]
Polly-O is an American brand of cheese products, currently owned by BelGioioso Cheese Inc. The original Polly-O manufacturing company had been established in 1899, operating independently until it was acquired by Kraft Foods Inc. in 1986. Kraft owned it until 2020, when it sold its natural cheese division to Groupe Lactalis.
Tater tots maker Kraft Heinz Co said on Tuesday it would sell its Canadian natural cheese business to dairy products company Parmalat Group in a deal valued at C$1.62 billion . Kraft expects to ...
Kraft Singles is a brand of processed cheese product manufactured and sold by Kraft Heinz. Introduced in 1950, [ 2 ] the individually wrapped "slices" are not really slices off a block, but formed separately in manufacturing.
Kraft’s individually wrapped processed cheese product Kraft Singles was introduced in 1965 Kraft recalls 83,000 cases of American cheese singles over ‘gagging’ risk Skip to main content