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November 6, 2026 · Industry Watch

Kraft Heinz agrees $650m coffee business sale

Kraft Heinz agrees $650m coffee business sale
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The disposal spans seven North American brands as the company seeks to cut debt and advance its transformation.

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Kraft Heinz is set to sell its North American coffee business for $650m, according to Food Business Africa. The divestment covers seven established brands, including Maxwell House and Gevalia.

The company expects the proceeds to help reduce debt while supporting its broader transformation strategy.

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