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In 2000, Philip Morris (renamed Altria in 2003) acquired Nabisco Holdings for $18.9 billion and merged the company with Kraft Foods the same year. [4] In 2001, Philip Morris sold 280 million Kraft shares via the third-largest IPO of all time, retaining an 88.1% stake in the company. In March 2004, Kraft acquired juice maker Veryfine. [39]
This is a list of brands developed, owned, or licensed by Mondelez International (formerly Kraft Foods Inc.). The company's core businesses are snack foods and confectionery. Kraft-branded products are made for some international territories by Mondelez International under license from Kraft Heinz Company since 2012.
Oriental Trading Company: Toy Party Craft 100% November 2, 2012 [61] PacifiCorp: Electric Distribution 92% 2005 $9.4 billion [62] A subsidiary of Berkshire Hathaway Energy: Pampered Chef [63] Food and Beverage 100% September 23, 2002 Pilot Flying J: Retail, Food and Beverage, Petroleum 100% October 3, 2017 [64]
The boards of both companies agreed to the merger of Kraft Foods and H.J. Heinz, with approval by shareholders and regulatory authorities in early 2015. [10] [11] The new Kraft Heinz Company became the world's fifth-largest food and beverage company [12] and the third-largest in the United States.
On March 25, 2015, Kraft Foods Group Inc. announced that it would merge with the H. J. Heinz Company, owned by 3G Capital and Berkshire Hathaway Inc., to form the world's fifth-largest food and beverage company. [42] The companies completed the merger on July 2, 2015. [43] In 2024, Carlos Abrams-Rivera took over as CEO of Kraft Heinz Co. [44]
Kraft Foods Group, Inc. 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.
This is a list of dairy product companies in the United States. A dairy product is food produced from the milk of mammals. [1] Dairy products are usually high energy-yielding food products. A production plant for the processing of milk is called a dairy or a dairy factory.
Perdue Farms is the parent company of Perdue Foods and Perdue AgriBusiness, based in Salisbury, Maryland. Perdue Foods is a major chicken-, turkey-, and pork-processing company in the United States. Perdue AgriBusiness ranks among the top United States grain companies. Perdue Farms has annual sales in excess of $6 billion. [28]