Macro Finance
Kraft Heinz to divest its North American coffee business in $650 million deal
CNBC Business·November 4, 2026·1 min read
Kraft Heinz will divest its North American coffee business to private equity firm One Rock Capital Partners in a $650 million deal. The sale is part of CEO Steve Cahillane's efforts to revive the company, streamlining its portfolio and focusing on core growth areas.
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