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When Mondelez International holds its annual shareholders' meeting on May 21, Ratan Tata will be among the new additions voted onto the board of directors. Tata, 75, is the recently retired ...
In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies — a snack food company and a grocery company. [8]On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
On December 20, 2018, Altria finalized the acquisition of a 35% stake in JUUL Labs, an e-cigarette company based out of San Francisco, California, for $12.8 billion. [18] On November 3, 2019, it was reported that Altria was taking a $4.5 billion writedown on its stake in Juul, 35% of its original value. [19]
The sale was to form part of a broader US$39.3 billion offer by Novartis for full acquisition of the world's largest eye-care company. [41] On March 2, 2010, Nestlé completed the purchase of Kraft Foods's North American frozen pizza business for US$3.7 billion, which included brands such as DiGiorno, Tombstone, and California Pizza Kitchen ...
JDE Peet's N.V. is an American-Dutch company that owns beverage brands, mostly of coffee, tea and hot chocolate. It was formed in 2015 following the merger of the coffee division of Mondelez International with Douwe Egberts as Jacobs Douwe Egberts.
The Vegemite brand was owned by Mondelez International (formerly Kraft Foods Inc. until 2012) [11] until January 2017, when it was acquired by the Australian Bega Group in a US$460,000,000 agreement for full Australian ownership after Bega would buy most of Mondelez International's Australia and New Zealand grocery and cheese business. [20]
Mars Inc. is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$45 billion in annual sales in 2022; [7] that year Forbes ranked the company as the fourth-largest privately held company in the United States. [8]
J&J Snack Foods Corp. (JJSFC) is an American manufacturer, marketer, and distributor of name brand snack foods and frozen beverages.Headquartered in Mt. Laurel, NJ, JJSF uses over 175 facilities for manufacturing, warehousing, and distributing located in 44 states, Mexico, and Canada. [3]