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Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] 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. [5]
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). 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.
Main article: Kraft Foods Inc. § History. Mondelez International is rooted in the National Dairy Products Corporation (National Dairy), which was founded on December 10, 1923, by Thomas H. McInnerney and Edward E. Rieck. The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry.
When shares of old Kraft stock broke into two components last fall, most investors expected the higher-growth Mondelez International global snacks business to be the more attractive segment of the ...
Number of employees. 22,500 (2015) Parent. Kraft Heinz. Website. kraftheinzcompany.com. Kraft Foods Group, Inc. was an American food manufacturing and processing conglomerate, [2] split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.
Kraft is now only 1.67 million shares, and Mondelez is 12.84 million shares. The difference is that the legacy Kraft pays a dividend of about 4.2%, versus only about 1.9% from Mondelez.
Kraft Heinz. Financials as of fiscal year ended December 30, 2023. The Kraft Heinz Company (KHC), commonly known as Kraft Heinz (/ ˈkræft ˈhaɪnz /), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh. [4][5] Kraft Heinz is the third-largest food and ...
Kraft Foods Inc. (NASDAQ: KFT) may sound like a strange restructuring name ahead of its split when the company will become Mondelez. It sounds like a casino, but investors are snapping shares up.