Kraft Heinz , one of the world’s largest packaged food companies, has announced a major restructuring. By 2026, it will split into two independent businesses—one focusing on high-growth brands like Heinz, Philadelphia, and Kraft Mac & Cheese, and another managing grocery staples such as Oscar Mayer, Kraft Singles, and Lunchables. Why is Kraft Heinz Splitting Into Two Companies? The Kraft Heinz split is designed to simplify operations and unlock more growth opportunities. Executive chair Miguel Patricio stated that the company’s current structure makes it difficult to allocate resources effectively. By creating two specialized businesses, Kraft Heinz aims to improve performance and deliver more value to shareholders. Company 1: Focused on faster-growing segments—sauces, spreads, and shelf-stable meals (Heinz, Philadelphia, Kraft Mac & Cheese). Company 2: Dedicated to traditional grocery staples and food service products (Oscar Mayer, Kraft Singles, Lunchable...