The transaction will result in an after-tax charge of $55 million, or $0.03 a share, Northfield-based Kraft said. Financial terms of the sale, which might be completed in the fourth quarter, were not disclosed.
Sunny Delight, based in Cincinnati, will acquire five water and juice lines as well as a Veryfine factory in Littleton, Mass. About 200 employees will join Sunny Delight, Kraft said. The brands had 2006 sales of $135 million.