Kraft restructuring in Europe

Kraft Foods is to restructure its factories in Central and Western Europe, following US parent company Altria’s separation of food production from its faltering tobacco industry.

Former head of the Central Europe division, Joachim Krawczyk will head the new pan-European Kraft. The company is also looking for further opportunities in the form of acquisitions to enhance its major-selling brands Dairylea and Philadelphia soft cheese.