Kraft heinz completes purchase of assan foods, expanding presence in key growth markets

Pittsburgh & chicago--(business wire)--the kraft heinz company (nasdaq: khc) (“kraft heinz”) announced today that it has completed the purchase of assan foods from privately held turkish conglomerate kibar holding. the proposed deal was first announced on june 11, 2021. assan foods, headquartered in istanbul, is a rapidly growing sauces-focused business with local manufacturing facilities in balikesir and izmir, turkey. assan foods has been a certified kraft heinz production partner since 2019
KHC Ratings Summary
KHC Quant Ranking