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History. Precursor. 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.
2001: Philip Morris sells a 16.1 percent stake in Kraft Foods Inc. to the public. Company History: Kraft Foods Inc. is the largest food company in the United States and holds the number two position worldwide, behind Nestlé S.A.
15 Οκτ 2024 · Kraft Foods, producer of iconic brands such as Oscar Mayer, Jell-O, Maxwell House, and its namesake Kraft brand, is one of the world’s largest food and beverage manufacturers. In 2015, the company merged with another food giant, H.J. Heinz, to form the Kraft Heinz Company.
Kraft Foods Group, Inc. 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.
Kraft traces its history to three of the most successful food entrepreneurs of the late 19th and early 20th centuries — J.L. Kraft, who started his cheese business in 1903; C.W. Post, who founded Postum Cereal Company (later renamed General Foods Corporation) in 1895; and Oscar Mayer, who began his meat business in 1883. The Story of J.L. Kraft.
Kraft Foods Group, Inc. 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.
Founded in 1895 by Charles William (C.W.) Post in Battle Creek, Michigan, the firm was originally called Postum Cereal Company Ltd., but in 1922 its name was changed to General Foods. In 1985 the company was purchased by Philip Morris Companies Inc.
