Centerview Partners has nabbed the key advisory role on the Kraft Heinz Co. breakup, unwinding a megamerger the boutique bank advised on more than a decade ago.
Kraft Heinz said Tuesday it’s splitting into two publicly traded companies, separating its business selling iconic condiments like Heinz ketchup from slower-growing grocery brands like Oscar Mayer hot dogs. Centerview is the only financial adviser on the deal, according to a statement.
Centerview was exclusive financial adviser to Kraft Foods Group Inc. on the 2015 merger with H.J. Heinz Co. that created the company in its current form. Lazard Ltd. advised Heinz on ...