# Kraft Heinz to divest its North American coffee business in $650 million deal

- URL: https://talkfuse.com/story/kraft-heinz-to-divest-its-north-american-coffee-business-in-650-million-deal/
- Published: 2026-11-04T15:35:23+00:00
- Updated: 2026-11-05T08:39:19+00:00
- Original publisher: CNBC (publisher lean: Centre)
- Original article: https://www.cnbc.com/2026/11/04/kraft-heinz-coffee-business-one-rock-deal.html
- Topics: Americas, Business, Companies, World

## Key points

- Kraft Heinz agreed to sell its North American coffee unit for $650 million.
- It expects $500 million in after-tax proceeds and will retain a 30% stake.
- The company also raised its 2026 outlook after better-than-expected earnings.

## Summary

Kraft Heinz plans to sell its North American coffee business to private equity firm One Rock Capital Partners in a deal valuing the unit at $650 million. The sale is part of a wider effort to focus on core brands and reduce debt, while the company retains a minority interest.

The unit includes Maxwell House and Gevalia, and the deal is expected to close in mid-2027. Kraft Heinz expects $500 million in after-tax cash proceeds, which it plans to use to pay down debt, and will keep a 30% non-controlling stake. The announcement came as the company reported better-than-expected third-quarter earnings, raised its 2026 outlook and said it expects organic net sales to fall by 0.5% to 1.25%.

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Summarised by TalkFuse (https://talkfuse.com/). Quote the original publisher for the reporting and link this page for the summary and discussion.