Kraft Heinz sells North American coffee brands including Maxwell House at $650 million enterprise value, keeps 30% stake; ~$500M after tax to cut debt.

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Facts from Wikidata (CC0). Image by USDAgov via Wikimedia Commons (Public domain).

Steven A. Cahillane

American business executive

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Steven A. Cahillane· Business · 9 sources · 1dStory

Kraft Heinz Sells Coffee Unit for $650 Million but Keeps Stake

Kraft Heinz sells North American coffee brands including Maxwell House at $650 million enterprise value, keeps 30% stake; ~$500M after tax to cut debt.

Business· 1d

Facts from Wikidata (CC0). Image by USDAgov via Wikimedia Commons (Public domain).

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About Steven A. Cahillane

Steve Cahillane is an American business executive, and the chief executive officer (CEO) of Kraft Heinz since January 2026.

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Occupation: chief executive officer
Position held: chief executive officer
Born: 1965

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