- Business
- The Kraft Heinz Company (KHC.SW), formed in 2015 through the merger of Kraft Foods Group and H.J. Heinz Company and co-headquartered in Chicago, Illinois, and Pittsburgh, Pennsylvania, stands as the third-largest food and beverage company in North America and fifth-largest globally, manufacturing and marketing a broad portfolio of iconic brands sold in over 40 countries across North America, Europe, Latin America, Asia Pacific, and other regions. The company offers condiments and sauces including Heinz Ketchup, mustard, Heinz 57 Sauce, Grey Poupon dijon mustard, Lea & Perrins Worcestershire Sauce, and Kraft Real Mayo, Miracle Whip, and salad dressings; cheese and dairy products such as Philadelphia Cream Cheese, Kraft Singles, Velveeta, and Kraft Macaroni & Cheese; meals, snacks, and meat products encompassing Lunchables, Oscar Mayer hot dogs, bacon, and cold cuts, Jell-O, and Boca Burger; beverages like Kool-Aid, Crystal Light, Capri-Sun, Mio water enhancers, Maxwell House, and Gevalia coffees; along with additional offerings such as Primal Kitchen, Classico sauces, Ore-Ida, and Shake 'n Bake. Kraft Heinz serves consumer staples markets, targeting households, restaurants, and on-the-go consumers with high-quality, nutritious foods for diverse eating occasions. In recent developments, the company announced in September 2025 a strategic split into two independent public companies expected in the second half of 2026—Global Taste Elevation Co. focusing on sauces, spreads, seasonings, Heinz, Philadelphia, and Kraft Mac & Cheese, and North American Grocery Co. covering staples like Oscar Mayer, Kraft Singles, and Lunchables—to enhance focused investments across its nearly 200 brands in 55 categories; it expanded manufacturing with a €70 million investment boosting capacity 50% at its Alfaro, Spain facility for Heinz sauces and ongoing upgrades in Garland, Texas; formed partnerships including a multi-year deal with Live Nation naming Heinz as official condiment and macaroni & cheese sponsor at 80 venues starting with Lollapalooza 2025, and with Smoothie King for a limited-edition Heinz Ketchup Smoothie; and committed to eliminating artificial colors from all U.S. products by end-2027 while advancing natural color use immediately.