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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]
A few of Kraft's brothers including, Charles Herbert, Frederick, Norman and John Henry, were executives in Kraft Foods. [8] The Kraft family farm (located at Bowen Road at Winger Road) in Stevensville, Ontario, still exists as the area has remained agricultural. Kraft died on February 16, 1953, at the Wesley Memorial Hospital in Chicago. [17]
The same day, Kraft Heinz announced their plans to sell its nuts business, including the Planters brand to Hormel for $3.35 billion. [45] The transaction was completed on June 7. [46] In September 2021, Kraft Heinz announced that Hemmer, a Brazilian company focused on condiments and sauces, was being acquired for an undisclosed amount. [47]
In August 2011, Kraft Foods Inc. announced plans to split into two publicly traded companies — a snack food company and a grocery company. [8]On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
Maxwell House is an American brand of coffee manufactured by a like-named division of Kraft Heinz in North America and JDE Peet's in the rest of the world. Introduced in 1892 by wholesale grocer Joel Owsley Cheek, it was named in honor of the Maxwell House Hotel in Nashville, Tennessee, which was its first major customer. [1]
At the time of the split, Kraft Foods (which included brands such as Oscar Mayer, Planters, Velveeta, Kool-Aid, Miracle Whip, Capri Sun, A1, Cool Whip and Jell-O) was the fourth-largest food and beverage company in North America, trailing PepsiCo, Nestle and Coca-Cola. [4] His salary jumped by 49% during his first year as CEO to $6.83 million. [5]
Velveeta Shells & Cheese is mass-produced and packaged in individual, single serving packages, [12] in boxes and in family size packages. [6] In 2012, Kraft Foods received some questions from Consumer Reports about the packaging style for single-serving Velveeta Shells & Cheese, whereby the container is not full of product, and after the ...
Toblerone (/ ˈ t oʊ b l ər oʊ n / TOH-blər-ohn, German: [tobləˈroːnə]) is a Swiss chocolate brand [1] owned by Mondelez International (originally Kraft Foods). It is produced in Bern, Switzerland, [2] and Bratislava, Slovakia. [3] Toblerone is known for its distinctive shape as a series of joined triangular prisms and lettering ...