KHC · 10-Q · 2026Q3 · Full report

Acquisition / Partnership / Divestiture

Kraft Heinz Co · 2026-11-04 · Importance 47 · Surprise 60 · In source text

On November 3, 2026, Kraft Heinz entered into a definitive agreement to divest its North America coffee business to an affiliate of One Rock Capital Partners, LLC. The agreement specifies an enterprise value, but the amount is omitted in the supplied filing text. Kraft Heinz will retain a non-controlling equity stake, with the percentage likewise omitted in the supplied text. Closing is expected in mid-2027, subject to regulatory approval and customary closing conditions.

Key facts

• Kraft Heinz entered into a definitive agreement on November 3, 2026, to divest its North America coffee business to an affiliate of One Rock Capital Partners, LLC; the transaction is subject to regulatory approval and customary closing conditions and is expected to close in mid-2027. source
• If resumed, Kraft Heinz's Separation would require customary conditions, including final Board approval, favorable U.S. tax opinions, and effective SEC filings. source
• Kraft Heinz announced a plan to separate into two independent publicly traded companies through a tax-free spin-off on September 2, 2025, then paused work on the Separation by Board decision announced February 11, 2026; completion and timing remain uncertain. source
• In Q3 2026, Kraft Heinz classified certain Europe and Pacific Developed Markets assets, primarily manufacturing facilities, as held for sale and expected any related gains to be insignificant. source

Impact estimates