
Delayed by a federal antitrust lawsuit, French-based Lactalis completed its $3.3 billion acquisition of Kraft Heinz’s natural cheese business Monday and launched a Chicago office to run it.
The acquisition puts iconic cheese brands including Cracker Barrel, Breakstone, Knudsen and the entire line of Kraft brand natural and grated cheeses under the corporate umbrella of the newly formed Lactalis Heritage Dairy, which is staffed by 100 former Kraft Heinz employees at its West Loop headquarters.
Related: DOJ OKs Lactalis Kraft’s Natural Cheese Business Buy
“With this acquisition, we are advancing our growth strategy across North America and strengthening our position in the attractive U.S. cheese market,” Lactalis North America CEO Gilles Meziere said in a news release Monday.
The acquisition includes 750 former Kraft Heinz employees and three production facilities located in California, New York and Wausau, Wisconsin. As part of an agreement with the Justice Department, Lactalis is divesting of Kraft Heinz’s Athenos and Polly-O businesses.
Want more news? Subscribe to CPI’s free daily newsletter for more headlines and updates on antitrust developments around the world.
Featured News
Dollar Tree to Sell Family Dollar for $1 Billion, Ending Struggling Merger
Mar 26, 2025 by
CPI
Meta Platforms Defends Use of Authors’ Works in AI Training in US Court
Mar 26, 2025 by
CPI
EU Pressed Meta to Address Antitrust Concerns Over Facebook Marketplace
Mar 26, 2025 by
CPI
UBS, Nomura, and UniCredit Fail to Overturn EU Antitrust Fines in Bond Trading Cartel Case
Mar 26, 2025 by
CPI
Coca-Cola Among Firms Targeted in EU Antitrust Raids
Mar 26, 2025 by
CPI
Antitrust Mix by CPI
Antitrust Chronicle® – Mobile Ecosystems
Mar 24, 2025 by
CPI
Mobile Ecosystems: An Intellectual Entelechy but A Necessary Model
Mar 24, 2025 by
Alba Ribera Martinez
Creating Contestability and Fairness in Mobile Ecosystems: The Contribution of the DMA
Mar 24, 2025 by
Damien Geradin & Daniel Mandrescu
Digital Ecosystems and the Not (Yet) As Efficient Competitor Principle
Mar 24, 2025 by
Thomas Hoppner & Philipp Westerhoff
Assessing the Competition Law Scrutiny of Smart Wearables and Mobile AR/VR Devices
Mar 24, 2025 by
Kayvan Hazemi-Jebelli