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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.
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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 ...
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 ...
Peltz then helped Kraft spin off its slow-growing North American grocery business, now know as Kraft Foods Group, from its global snack-food business, which was renamed Mondelez.
Food giants Mondelez International Inc (NASDAQ: MDLZ) and Kraft Food Groups will pay $16 million to settle allegations they created unfair advantages in wheat futures, The Wall Street Journal ...
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.
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.