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StocksMediumUpdated•Originally published 4 November 2026•Updated 4 November 2026•
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Kraft Heinz to Sell North America Coffee Business for $650 Million

Key Facts

1The Kraft Heinz Company announced a definitive agreement to divest its North America coffee business to One Rock Capital Partners for $650 million.
2Kraft Heinz will retain a 30% non-controlling equity stake in the divested coffee business.

The Kraft Heinz Company announced a definitive agreement to divest its North America coffee business to One Rock Capital Partners for an enterprise value of $650 million. According to a statement reported by Business Wire, Kraft Heinz will retain a 30% non-controlling equity stake in the business following the completion of the transaction.

The divestiture is part of the company's strategic portfolio optimization aimed at focusing on core growth areas. KHC closed at $24.52 on November 3, 2026, as the company moves to streamline its balance sheet through the sale of these non-core assets.

Latest Updates · 1

  1. Notable·

    Update: The divestiture includes prominent brands, most notably Maxwell House. This move is a key component of CEO Cahillane's broader turnaround effort for Kraft Heinz.

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