ANNOUNCEDSpinoffTax-Free Spinoff

Kraft Heinz North American Grocery

KHCKraft HeinzNASDAQ

Parent Company

Kraft Heinz

KHC

Consumer Staples

SpinCo / Target

North American Grocery Co.

ANNOUNCED

2025-07-11

EXPECTED

H2 2026

MARKET CAP

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DEAL VALUE

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Summary

Kraft Heinz announced plans to separate its North American grocery business, which includes iconic brands. The separation aims to unlock value by allowing each entity to pursue focused strategies. Note: UBS reported the spin was temporarily paused in late 2025.

Details & Analysis

The KHC spin situation has been complex, with the company pausing and potentially restarting the process. This creates uncertainty but also potential opportunity if the separation ultimately proceeds.