Kraft Heinz completed the acquisition of an 85% stake in Just Spices.

Kraft Heinz, a food products company, completed the acquisition of an 85% stake in Just Spices, a manufacturer of spices and condiments. Financial terms were not disclosed. “With Just Spices, we will leverage Kraft Heinz’s scale and agility to accelerate the business in the fast-growing taste elevation market beyond the company’s current German base and its recent market entries in Spain, Austria, and Switzerland. We also see tremendous potential to further strengthen and enhance Kraft Heinz’s own direct-to-consumer operations and go-to-market expansion," Rafael Oliveira, Kraft Heinz EVP & President.