WednesdayDecember 3, 2025

Kraft Heinz plans a spinoff into two independent companies

2 QC plants among production facilities impacted
By: Kenda Burrows|September 2, 2025
|5 min read
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    • CREDIT KRAFT HEINZ

    The Kraft Heinz Co. – which boasts two large food production plants employing hundreds of Quad Citians – announced this morning its plans to split into two independent publicly traded companies through a tax-free spinoff.

    The Kraft Heinz Board of Directors has approved the split, the 6 a.m. Tuesday, Sept. 2, news release from the Chicago-and Pittsburgh-based Kraft Heinz said. The news comes a decade after…

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