# Kraft Heinz Sells Coffee Business for $650M

> Kraft Heinz divests North American coffee unit to One Rock Capital Partners in $650 million deal.
- Title: Kraft Heinz Sells Coffee Business for $650M · CNBC | Shortify
- Summary: Kraft Heinz divests North American coffee unit to One Rock Capital Partners in $650 million deal. Kraft Heinz is selling its North American coffee business…
- Keywords: kraft heinz, one rock capital partners, north american coffee business, divestiture, enterprise value, 650 million, CNBC
- Source: CNBC — https://cnbc.com/2026/11/04/kraft-heinz-coffee-business-one-rock-deal.html
- Author: Maggie Roth
- Published: 2026-11-04T15:33:20+00:00
- Read time: 1 min
- Topics: kraft heinz, one rock capital partners, north american coffee business, divestiture, enterprise value, 650 million, business, finance
## Deal Announcement
Kraft Heinz will sell its North American coffee business to One Rock Capital Partners for $650 million enterprise value.
## Business Terms
Kraft Heinz retains 30% noncontrolling equity stake in the business and expects closure in mid-2027.
## Funds Allocation
Company will use $500 million post-tax cash proceeds to pay down debts and accelerate growth.
## CEO Statement
Steve Cahillane says transaction unlocks value and accelerates transformation momentum.
## Key takeaway

Kraft Heinz is selling its North American coffee business to One Rock Capital Partners for $650 million to refocus on core brands.