INDUSTRY NEWS
Kraft sells yogurt and dessert business units
Kraft Foods Inc., Northfield, Ill., has sold two of its business units as part of its Sustainable Growth Plan.
CoolBrands International Inc., Markham, Ontario, Canada, acquired Kraft’s yogurt business. The brands sold include Breyers, Crème Savers, and Light ’n Lively. The sale also includes Kraft’s manufacturing facility in North Lawrence, N.Y. Approximately 147 of the plant employees at this location will join CoolBrands.
In addition, Kraft sold its U…
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