The transaction involves the divestiture of Kraft Heinz’s natural, grated, cultured and specialty cheese businesses in the United States; its grated cheese business in Canada; and its grated, processed and natural cheese businesses outside the United States and Canada.
November 29, 2021
The Kraft Heinz Co., headquartered in Pittsburgh and Chicago, said it completed the sale of certain assets in its global cheese business and the license of certain trademarks to an affiliate of Groupe Lactalis for total consideration of approximately $3.3 billion, including cash consideration of approximately $3.2 billion.
In October, FDA released long-anticipated guidance on sodium-reduction targets for the food industry — a move designed to encourage the reduction of Americans’ sodium intake, which exceeds the 2,300-milligram limit recommended by the Dietary Guidelines for Americans by nearly 50%.
The competition took place during the Asturias Paraíso Natural International Cheese Festival 2021 in Oviedo, Spain.
November 4, 2021
A soft goat’s cheese made by Andalusian cheesemaker Quesos y Besos was named World Champion Cheese in the World Cheese Awards in Oviedo, Spain, on Nov. 3.
Numerous Americans increased their home cooking habits as a result of the COVID-19 pandemic. Because of this shift, there was a dramatic increase in retail cheese sales.