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Kraft Heinz sells Russian baby food business

Buying them is local beverage and snack manufacturer Chernogolovka

Kraft Heinz has decided to sell its baby food business in Russia to local beverage and snack manufacturer Chernogolovka according to which the deal will include two plants and the "Umnitsa" and "Sami s usami" brands. Neither Kraft Heinz nor Chernogolovka revealed the price or mentioned a buyback clause: the Russian daily Kommersant reported that Kraft Heinz estimates the value of the deal to be between...

fc - 30532
Mosca, Russia, 04/04/2023 07:28
EFA News - European Food Agency

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