Kraft Heinz Announces Agreement to Acquire Majority Stake in Just Spices – a Technology-Enabled Direct-to-Consumer Business

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Dec 10, 2021

The Kraft Heinz Company (Nasdaq: KHC) (“Kraft Heinz”) announced today that it has reached an agreement to acquire an 85% stake in Germany-based Just Spices GmbH (“Just Spices”). The remaining 15% ownership stake will be retained by Just Spices’ three founders, who will continue on with the company and focus on driving the business and its international growth.