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Is Kraft Heinz Ready to Sell Planters?

Hormel is cited as the potential buyer of the iconic brand as Kraft Heinz trims its portfolio.

Kraft Heinz Logo

According to reports in The Wall Street Journal, Kraft Heinz is currently in talks with Hormel, which is potentially set to buy Planters for around $3 billion. The newspaper says the deal could be announced as early as next week.


Conveyor setup secrets from top CPG manufacturers
7 proven steps to eliminate downtime and boost packaging line efficiency. Free expert playbook reveals maintenance, sequencing, and handling strategies.
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Conveyor setup secrets from top CPG manufacturers
Get a jump on your 2026 packaging & processing goals at PACK EXPO East.
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Get a jump on your 2026 packaging & processing goals at PACK EXPO East.