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US food giant Kraft forced into $9 million payout to Aussie company over peanut butter war – NEWS.com.au
US food giant Kraft forced into $9 million payout to Aussie company over peanut butter war
A long-running legal battle between a US food giant and Australias Bega Cheese is over, with Kraft Heinz agreeing to a $9.25 million pay out.The two companies had been locked in a dispute for nearly four years over Bega’s right to use the distinctive yellow packaging for its peanut butter.
Bega bought the rights to Kraft’s peanut butter recipe from Mondelez Australia in 2017.
The deal also included the rights to produce the product in Kraft’s Melbourne factory.
Kraft had attempted to argue that…
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