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Business

Kraft Heinz selling beloved coffee brand in $650M deal: Here’s why

Victor Alvarez
Senior Reporter · Friday, November 13, 2026 at 4:08 PM · 1 min read
Kraft Heinz selling beloved coffee brand in $650M deal: Here’s why — Beachwood Business news

Kraft Heinz is giving up control of one of coffee’s most recognizable brands as the food giant shifts its attention toward parts of its business it believes have more room to grow. It also plans to use proceeds from the sale to pay down debt.

About This Story

Local news from Beachwood Current

Coverage Area

Beachwood, Ohio

Section

Business

Published

Friday, November 13, 2026

Reading Time

1 min

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