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In 2000, Philip Morris Companies Inc. acquired Nabisco and merged it with Kraft Foods in one of the largest mergers in the food industry. In 2011, Kraft Foods announced that it was splitting into a grocery company and a snack food company. Nabisco became part of the snack-food business, which took the name Mondelēz International.
Footnotes / references. [2] Mondelez International, Inc. ( / ˌmɒndəˈliːz / MON-də-LEEZ ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding, beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26.5 billion and operates in approximately 160 countries. [5]
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Formation. R. J. Reynolds Tobacco Company was founded in Winston-Salem, North Carolina, in 1875 and changed its name to R. J. Reynolds Industries, Inc. in 1970. It became RJR Nabisco on April 25, 1986, after the company's $4.9 billion purchase, and earlier 1.9 billion stock swap, of Nabisco Brands Inc. in 1985. [5] [6]
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang.
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Shredded Wheat. Shredded wheat is a breakfast cereal made from whole wheat formed into pillow -shaped biscuits. It is commonly available in three sizes: original, bite-sized (¾×1 in) and miniature (nearly half the size of the bite-sized pieces). Both smaller sizes ("Mini-Wheats" and "little bites") are available in a frosted variety, which ...
After the Kraft merger, they went by "Kraft Cheese Nips." However, on November 21, 2019, there was a recall on Cheese Nips due to a plastic contamination. As of 2020, Cheese Nips have since been discontinued as said by a Nabisco representative. They are still sold in Canada by a brand named "Christie" as "Ritz Cheese Nibs" as of 2022, however.