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Kraft Foods traced its roots to the National Dairy Products Corporation, formed on December 10, 1923, by Thomas H. McInerney and Edward E. Rieck. [12] The firm was initially set up to execute on a rollup strategy in the fragmented United States ice cream industry. Through acquisitions it expanded into a full range of dairy products.
The company has its origins as Kraft Foods Inc., which was founded in Chicago in 1923. 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.
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.
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The Kraft Heinz Company ( KHC ), commonly known as Kraft Heinz ( / ˈkræftˈhaɪnz / ), is an American multinational food company formed by the merger of Kraft Foods and H.J. Heinz Company co-headquartered in Chicago and Pittsburgh. [4] [5] Kraft Heinz is the third-largest food and beverage company in North America and the fifth-largest in the ...
Kraft Foods Group (NAS: KRFT) is entering a new era after its recent corporate break-up. Its brand power is indisputable, and its market share dominates. But Kraft's growth potential is limited ...
The Kraft Factory. The Jacobs Douwe Egberts factory ( JDE factory) is a coffee producing factory in the Ruscote ward of Banbury, Oxfordshire, England. [1] [2] Built in the 1960s as a General Foods factory ( GF factory) producing convenience food and drink including Bird's Custard, it subsequently changed ownership to Kraft Foods and Mondelez.
One dividend-paying consumer staples name worth considering is packaged foods company Kraft Heinz (NASDAQ: KHC), created from the 2015 merger of Kraft Foods and H.J. Heinz.