Kraft Heinz Acquires Majority Stake in Hemmer
April 1, 2022
The Kraft Heinz Company completed the acquisition of a majority stake in Companhia Hemmer Indústria e Comércio, a 107-year-old Brazilian food company based in Blumenau, Santa Catarina. The deal—approved without restriction by Brazil's antitrust body CADE—expands Kraft Heinz's Taste Elevation platform and accelerates its growth and distribution in the Brazilian retail and foodservice channels.
- Buyers
- The Kraft Heinz Company
- Targets
- Companhia Hemmer Indústria e Comércio (Hemmer)
- Industry
- Food & Beverage
- Location
- Santa Catarina, Brazil
- Transaction Type
- Buyout
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