Kraft Heinz Agrees to Sell North America Coffee Business
The sale would transfer control of brands including Maxwell House and Gevalia to an affiliate of One Rock Capital Partners. It is the first deal since CEO Steve Cahillane took the helm in January.
By Jesse NewmanKraft Heinz said it has agreed to sell its North America coffee business, marking the first deal since Chief Executive Steve Cahillane took the helm of the company in January.The company will hand over control of brands such as Maxwell House and Gevalia to an affiliate of One Rock Ca…