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22,500 (2015) Parent. Kraft Heinz. Website. kraftheinzcompany.com. Kraft Foods Group, Inc. (doing business as Kraft Foods Group) 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.
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". [73] The split was structured so that the old Kraft Foods changed its name to Mondelez International and spun off Kraft Foods Group as a new publicly ...
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.
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 ...
Kraft (KFT) CEO Irene Rosenfeld probably should have spun off its North American grocery business years ago. The business, which includes such iconic brands as Kraft Macaroni & Cheese, Oscar Mayer ...
At least for a little while, Kraft (NYS: KFT) shares were a shiny green beacon in a vast sea of red yesterday as investors cheered the company's announcement that it will be splitting itself into ...
Altria Group, Inc. Altria Group, Inc. (previously known as Philip Morris Companies, Inc.) is an American corporation and one of the world's largest producers and marketers of tobacco, cigarettes, and medical products in the treatment of illnesses caused by tobacco. It operates worldwide and is headquartered in Henrico County, Virginia, just ...
Kraft was formed in the October 2012 breakup of Kraft Foods, when it was spun off from the parent company, which then changed its name to Mondelez International. Mondelez retained the parent ...