The food giant’s board unanimously approved a tax-free spin-off, two companies to sharpen strategic focus, reduce complexity and unlock long-term shareholder value
In May 2025, Kraft Heinz announced the company’s board of directors and executive leadership team had been evaluating potential strategic transactions to unlock shareholder value. The strategic review was led by the company’s core belief that increased focus will translate into better performance and was guided by five principles.
Horizon Organic and Wallaby meet several consumer demand drivers—organic certification, cleaner ingredient decks, value-added nutrition, and sensory appeal—positioning the brands for long-term relevance.
The announcement comes on the heels of the opening of Milo's fourth manufacturing and distribution facility, a $200 million, state-of-the-art site in Spartanburg, S.C., that will employ approximately 200 associates.
The collective's ultimate goal is empowering and enabling busy consumers to make well-informed decisions for themselves and their families without the burden of decoding complex and misleading labels.
The company’s 16th Sustainability Report details significant strides toward 2030 climate targets, ingredient traceability, and circular packaging—underscoring Ferrero’s commitment to long-term, responsible growth across its global value chain
Ferrero's latest Sustainability Report highlights continued progress in traceability across its global supply chains, with more than 90% of key ingredients now mapped to origin.
Backed by a seasoned leadership team and a legacy dating to 1901, the new company combines premium capabilities and a national footprint to serve both retail and co-manufacturing bakery markets
Artisan Bakery is uniquely positioned to deliver premium, indulgent bakery products across retail and co-manufacturing channels. Terms of the transaction were not disclosed.
Formerly known as This Bar Saves Lives, the rebranded mission-driven company launches with organic, allergen-friendly bars and a renewed focus on nourishing communities nationwide
Initially co-founded by actress Kristen Bell as This Bar Saves Lives, the brand was acquired in 2022 by GOOD Worldwide, a social impact company that also owns media brand Upworthy.
The family-owned, privately held company is a scale North American platform with diverse product capabilities across dressings, sauces, mayonnaises, syrups, and beverage mixes for application in foodservice, retail, and food processing channels
The moves reflect the AEB’s ongoing investment in strengthening its marketing, insights, and industry engagement efforts to increase demand for eggs and egg products.