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The present enterprise was established in 2012 when Kraft Foods was renamed Mondelez and retained its snack food business, while its grocery business was spun off to a new company called Kraft Foods Group. The name is derived from the Latin word mundus ("world") and delez, a fanciful modification of the word "delicious." [7] [8] [9]
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] It marketed many brands in more than 170 countries. Twelve of its brands annually earned more than $1 billion worldwide: Cadbury, Jacobs, Kraft, LU, Maxwell House, Milka, Nabisco, Oreo, Oscar Mayer, Philadelphia, Trident, and Tang. [5]
Cadbury, formerly Cadbury's and Cadbury Schweppes, is a British multinational confectionery company owned by Mondelez International (originally Kraft Foods) since 2010.It is the second-largest confectionery brand in the world, after Mars. [3]
Kraft Foods Group (NAS: KRFT) is entering a new era after its recent corporate breakup. ... which then changed its name to Mondelez International. ... (now Kraft Foods Group) grew 4.8% in 2011 ...
Kraft investors have been excited about the company's spinoff into two companies for some time now, but they've been patiently waiting for a little guidance about the structure and ...
Kraft Foods Group Inc. (NASDAQ: KFT) is again outlining more and more of its outlook for what the company will look like after its reorganization. It is also giving more details on the coming ...
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.
Investors in Kraft Foods Inc. (NAS: KFT) will see some big changes next week. The spinoff of its North American grocery business, Kraft Foods Group (NAS: KRFTV) , will join the S&P 500 Tuesday.