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[ 15] In 1912, the company established its New York City headquarters to prepare for its international expansion. By 1914, 31 varieties of cheese were sold around the U.S. because of heavy product development, expansion by marketing, and opening a wholly owned cheese factory in Stockton, Illinois. [ 4][ 16][ 17]
4 days ago · General Foods and Nabisco were integrated into the operations of a food giant with a new name: Kraft General Foods, Inc. In 2001, with a partial stock offering , Philip Morris began to sell off its stake in Kraft, and in 2007 Kraft Foods, Inc. became a fully independent, publicly traded corporation.
In March 2001 Philip Morris created a new holding company for the combined operations known as Kraft Foods Inc. (lacking the comma of the previous Kraft Foods, Inc.). The previous Kraft Foods was renamed Kraft Foods North America, giving the new Kraft Foods two main units: Kraft Foods North America and Kraft Foods International.
On October 1, 2012, Kraft Foods Inc. spun off its North American grocery business to a new company called Kraft Foods Group, Inc. The remainder of Kraft Foods Inc. was renamed Mondelēz International, Inc., and was refocused as an international snack and confection company. [10]
Kraft Foods Inc. completed the spin-off of Kraft Foods Group, Inc. and changed its name to Mondelēz International, Inc. Learn more about the spin-off information.
Nov 30, 2018 · Through a series of transaction, the merger of Kraft Foods Group Inc. (Kraft) and the wholly owned subsidiary of H. J. Heinz Holding Corporation was consummated and completed on July 2, 2015. The new company was named the Kraft Heinz Company.
Sep 4, 2013 · The snack-food company, Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group. The split was completed in October 2012.
