Kraft Foods Inc
 |
|
Kraft headquarters in Northfield, Illinois
|
|
| Public | |
| Industry | Food processing |
| Fate | Split; name changed to Mondelēz International |
| Successor |
Mondelēz International Kraft Heinz |
| Founded | December 10, 1923 Chicago, Illinois, U.S. |
| Defunct | October 1, 2012 |
| Headquarters | Northfield, Illinois, U.S. |
|
Area served
|
Worldwide |
|
Key people
|
Irene Rosenfeld (Chairman & CEO) |
| Products | List of products |
| Website | www |
Kraft Foods Inc. was an American multinational confectionery, food and beverage conglomerate. It marketed many brands in more than 170 countries. 12 of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, Tang. Forty of its brands are at least a century old.
The company was headquartered in Northfield, Illinois, a Chicago suburb. Its European headquarters was in Glattpark, Opfikon, Switzerland, near Zürich.
Kraft was listed on the and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group. In August 2011, the company announced plans to split into a North American grocery business and a faster-growing global snacks company. The snack company, Mondelēz International Inc. is recognized as Kraft Foods' legal successor, while the grocery company was named Kraft Foods, now a part of Kraft Heinz.
Kraft Foods traced its roots to the National Dairy Products Corporation, formed on December 10, 1923, by Thomas H. McInnerney. The firm was initially set up to execute on a rollup strategy in the then fragmented United States ice cream industry. Through acquisitions it expanded into a full range of dairy products. By 1930 it was the largest dairy company in the United States and the world, exceeding Borden.
...
Wikipedia