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Kraft Foods Inc. was a multinational food company that split into Mondelez International and Kraft Heinz in 2012. It started as a cheese company in 1909 and acquired many brands in dairy, snacks, beverages and confectionery.
In August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company. [22] [23] The snack-food company, called Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group.
On December 1, 2023, a federal jury in Illinois awarded $17.8 million to several large food companies, including Kraft Heinz, in a lawsuit against Cal-Maine Foods, Inc. and others over allegations of egg price fixing. Cal-Maine Foods, contesting the verdict, insists on its innocence and the absence of wrongdoing in its business practices. [67]
Cadbury was founded in 1824 by John Cadbury, a Quaker who sold tea, coffee and drinking chocolate in Birmingham, England. It is the second-largest confectionery brand in the world, known for its Dairy Milk chocolate, Creme Egg and Roses selection box.
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 ...
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".
Cadbury is a British confectionery company that produces Dairy Milk chocolate, a high-quality milk chocolate with a distinctive purple wrapper. Dairy Milk was introduced in 1905 by George Cadbury Jr, who developed the recipe and the mass-production process.
Dr Pepper Snapple Group was a soft drink company that became part of Keurig Dr Pepper in 2018. It owned or licensed brands such as Dr Pepper, 7 Up, Snapple, A&W, RC Cola, and more.