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Is Kraft Heinz Ready to Sell Planters?

Hormel is cited as the potential buyer of the iconic brand as Kraft Heinz trims its portfolio.

Kraft Heinz Logo

According to reports in The Wall Street Journal, Kraft Heinz is currently in talks with Hormel, which is potentially set to buy Planters for around $3 billion. The newspaper says the deal could be announced as early as next week.


Break out of the ordinary: see what’s new in food packaging & processing
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Break out of the ordinary: see what’s new in food packaging & processing
Dairy Food & Beverage Innovations Report
Discover cutting-edge packaging and processing solutions in the inaugural Packaging World/ProFood World Innovations Report. From high-speed filling machines to mono-material lids, see how the latest advancements from PACK EXPO International 2024 are driving safety, sustainability, and extended shelf life—shaping the future of dairy food and beverage packaging.
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Dairy Food & Beverage Innovations Report