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Breaking Ties: Kraft Heinz Closes Business Operations in Russia

Valutico

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. The Discounted Cash Flow analysis produced a value of USD 75.3

article thumbnail

Breaking Ties: Kraft Heinz Closes Business Operations in Russia

Valutico

While expanding its portfolio in 2021 and 2022 with acquisitions like Brazil’s Hemmer condiment and sauce company and an 85% stake in Germany’s Just Spices GmbH, the company has also recently agreed to sell its Russian baby food business to Chernogolovka. The Discounted Cash Flow analysis produced a value of USD 75.3