Groupe Lactalis

Kraft Heinz, the leading US food and drink firm, has entered into an agreement to sell its natural, grated, cultured, and specialty cheese businesses to a US affiliate of French dairy giant Lactalis for $3.2 billion. The transaction, which is expected to be finished in the first half of 2021, includes Kraft Heinz’s natural, grated, cultured, and specialty cheese businesses in the US, grated cheese business in Canada, and the …