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Kraft Foods Inc. Kraft Foods consumer product logo: Used on Kraft branded products from 1988, formerly used as a corporate logo from 1995 to 2009. Kraft headquarters in Northfield, Illinois Type Private Industry Food processing Founded December 10, 1923; 97 years ago (1923-12-10) Chicago, Illinois, U.S. Defunct
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]
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. In 1924, Kraft Cheese Company was founded and was ...
The investor played a key role in Cadbury splitting its beverage and candy businesses, and then getting what was Kraft Foods to buy Cadbury. Peltz then helped Kraft spin off its slow-growing North...
I understand that Mondelez is the legal successor to Kraft Foods Inc., but essentially the old Kraft Foods Inc. split in two, and the other half/legal spin-off kept the Kraft Foods name. I note that the article for the spin-off Kraft Foods does not include any history before the announcement of the spin-off.
Later this year, Kraft Foods ( NYS: KFT) will spin off into two separate companies. One, to be named Mondelez International, will house its global snack business, including brands like Cadbury...
I think it makes sense to have a separate page about the rename/spin-off so information isn't repeated on both the Kraft and Mondelez pages. Right now I think plenty of people will want information about this topic, but a few years from now it won't be too important and should not take up a bunch of space on the two company pages.