PRESS: Kraft Heinz sells baby food business in Russia

MOSCOW, Jul 29 (PRIME) -- U.S. Kraft Heinz is selling its baby food business in Russia, business daily Kommersant reported on Friday citing industry and investment sources.

"According to the information obtained by Kommersant, the company has set its baby food business, including two plants with a capacity of 30,000 tonnes of products per year and local brands, with the price totaling 3 billion rubles, for sale," the newspaper reported.

Kraft Heinz also has a facility in the Leningrad Region that would not be part of the deal.

(60.2031 rubles – U.S. $1)

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