Berkshire Won’t Change Kraft Heinz Investment After Abandoning Split

Berkshire Hathaway Maintains Position in Kraft Heinz After Split Plans Halted

Photographer: Michael Nagle/Bloomberg

Berkshire Hathaway CEO Greg Abel has indicated that the company does not intend to change its investment in Kraft Heinz Co. in the near future, following the food giant’s decision to pause its proposed separation into two entities.

Last month, Kraft Heinz CEO Steve Cahillane caught investors off guard by announcing a halt to the split, opting instead to allocate $600 million toward product innovation and select price reductions.

This development adds another chapter to the ongoing story that began nearly ten years ago, when Kraft Heinz was formed through a $46 billion merger led by Berkshire’s then-CEO Warren Buffett. Since that time, the company’s shares have experienced a significant decline, disappointing many investors.

Berkshire had previously expressed dissatisfaction with Kraft Heinz’s split proposal, having filed a registration statement in January that signaled its intention to potentially divest its remaining 28% ownership in the packaged food company.

In a CNBC interview, Abel described Cahillane’s recent decision as “absolutely the right approach.” He explained, “Our registration statement was filed so that we’d be prepared to sell if we ever chose to, but there are no immediate plans to take action at this time.”

©2026 Bloomberg L.P.