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Kraft was listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group. [4] In August 2011, the company announced plans to split into a North American grocery products business and a faster-growing global snacks company. [5] The snack company, Mondelez International Inc. is recognized as the ...
The company has its origins as Kraft Foods Inc., which was founded in Chicago in 1923. The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its grocery business was spun off to a new company called Kraft Foods Group. The name is derived from the Latin word mundus ("world") and delez, a fanciful modification of the word ...
Kraft Foods Group, Inc. ( doing business as Kraft Foods Group) is an American food manufacturing and processing conglomerate, [2] split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois.
A year after announcing the split of Kraft Foods (NAS: KRFT) into two separate entities, investors finally got a peek at its first earnings results. The now-separate international unit, Mondelez ...
In October 2012, Kraft Foods changed its name to Mondelez International as an international snack-food company, and spun off its North American grocery business as Kraft Foods Group.
This is a list of Mondelez International brands (formerly Kraft Foods Inc. ). Includes brand-name products that are developed, owned or licensed by Mondelez International. The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
Belvita, sometimes stylized as belVita or BelVita, is a brand of breakfast biscuit introduced originally in France in 1998 as LU Petit Déjeuner by Kraft Foods Inc. and currently owned by Mondelēz International. [1] [2] [3]
In 2007, Kraft Foods Inc. spun off from Altria (ex Philip Morris), [6] [7] taking Nabisco (and other brands including Terrabusi) with it. Five years later, Kraft Foods split its business into two food companies, Kraft Foods (a new company but keeping the 'Kraft' name, focused on the local market) and Mondelez International (worldwide market).