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General Foods Corporation was a company whose direct predecessor was established in the United States by Charles William (C. W.) Post as the Postum Cereal Company in 1895.. The company changed its name to "General Foods" in 1929, after several corporate acquisitions, by Marjorie Merriweather Post after she inherited the established cereal business from her father, C. W. Post.
[3] [4] The Tang brand is currently owned in most countries by Mondelēz International, a North American company spun off from Kraft Foods in 2012. Kraft Heinz owns the Tang brand in North America. Sales of Tang were poor until NASA used it on John Glenn 's Mercury flight in February 1962, [ 5 ] and on subsequent Gemini missions. [ 6 ]
In August 2011, Kraft Foods announced an intention to split into two publicly traded companies; a new company called Kraft Foods Group (later merged with Heinz), and Mondelēz International (the original Kraft Foods Inc. renamed) which would retain the Nabisco subsidiary and brands such as Belvita. [10] The split occurred in October 2012. [11] [12]
Previous logo of the Canadian version [17]. Kraft Dinner has been called a de facto national dish of Canada. [18] Packaged in Quebec with Canadian wheat and milk, and other ingredients from Canada and the US, [19] Canadians purchase 1.7 million of the 7 million boxes sold globally each week [2] and eat an average of 3.2 boxes of Kraft Dinner each year, 55% more than Americans.
Lacta is a series of Greek chocolate products created in 1962 by the Pavlidis confectioner, founded in 1841, in Athens, Greece. In 1991, Pavlidis company was sold to Kraft Foods Inc., which in turn was renamed Mondelez International. [1]
In the following video, Motley Fool consumer goods analyst Blake Bos takes a look at Mondelez International's earnings report. The company missed estimates on earnings per share and revenue, and ...
Kraft Foods: 46 62 [3] 7 2001 AT&T: Liberty Media Corporation: 42 66 [3] 8 2015 CK Hutchison Holdings: Cheung Kong Property Holdings: 37 43 [3] 9 2006: Viacom: Viacom Inc., CBS Corporation: 32 44 [3] 10 1999 Hewlett-Packard: Agilent Technologies: 30 50 [3] 11 2012 Kraft Foods Inc: Kraft Foods Group Inc, Mondelez International: 27 33 [3]
The spin-off is a time-honored corporate transaction. So it's not unusual that American Realty Capital Properties and Simon Property Group have plans to separate out some of their properties as ...