Kraft Heinz is selling its Italian Baby and Specialty Food business, including brands like Plasmon and Biaglut, to NewPrinces Group. The deal includes the Latina production facility, ensuring job security,

PITTSBURGH & CHICAGO--(BUSINESS WIRE)--The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz” or the “Company”) announced today that it has entered into an agreement to sell its infant and ...

Kraft Heinz weighs grocery spin-off valued at up to $20 billion, aiming to refocus on growth categories like condiments amid shifting consumer tastes, WSJ reports.

Included are infant food brands Plasmon, Nipiol and Dieterba, and specialty food brands Aproten and Biaglut. It also includes the purchase of Kraft Heinz’s production facility in Latina, Italy, which manufactures products for some of those brands and employs around 300.