The Kraft Heinz Company (NasdaqGS:KHC) entered into an agreement to acquire an unknown majority stake in Companhia Hemmer Indústria e Comércio on September 23, 2021. The completion of this transaction is subject to regulatory approvals by CADE (Brazil's Administrative Council for Economic Defense). Rothschild & Co acted as financial advisor and Madrona Law acted as the legal advisor for Kraft Heinz.

Pabst & Hadlich Advogados Associados acted as legal advisor to the selling shareholders and Companhia Hemmer Indústria e Comércio.