Ads
related to: kraft company historydividendinvestor.com has been visited by 10K+ users in the past month
Results From The WOW.Com Content Network
On October 1, 2012, Kraft Foods Inc. spun off its North American grocery business to a new company called Kraft Foods Group, Inc. The remainder of Kraft Foods Inc. was renamed Mondelēz International, Inc., and was refocused as an international snack and confection company. [10]
Kraft Foods traced its roots to the National Dairy Products Corporation, formed on December 10, 1923, by Thomas H. McInerney and Edward E. Rieck. [9] The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry. Through acquisitions it expanded into a full range of dairy products.
View history The Kraft Heinz Company ( KHC ), commonly known as Kraft Heinz, is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh.
Kraft developed a process, patented in 1916, for pasteurizing cheese so that it would resist spoiling and could be shipped long distances. The company grew quickly, expanding into Canada in 1919. [4] Kraft saw a large increase in business during World War I when the United States government provided cheese in tins to their armed forces.
Robert Kenneth Kraft [1] (born June 5, 1941) is an American billionaire businessman. He is the chairman and chief executive officer (CEO) of the Kraft Group, a diversified holding company with assets in paper and packaging, sports and entertainment, real estate development, and a private equity portfolio.
Mondelez International. Mondelez International, Inc. ( / ˌmoʊndəˈliːz / MOHN-də-LEEZ ), [3] styled as Mondelēz International, is an American multinational confectionery, food, holding and beverage and snack food company based in Chicago. [4] Mondelez has an annual revenue of about $26 billion and operates in approximately 160 countries. [5]
Ads
related to: kraft company historydividendinvestor.com has been visited by 10K+ users in the past month