Kraft Heinz to Break Up Its Food Businesses | NYGazet

A planned split of the mega company that makes products from Velveeta to Kool-Aid comes as consumers shift away from processed foods.

A decade after their merger created a global food giant, Kraft Heinz said early Tuesday that it planned to split into two separate companies. It plans to spin off its slower-growing grocery business, which includes well-known brands like Oscar Mayer,... [852 chars]