Uncommon
Kraft Foods Inc.
Defunct American food and beverage company
Kraft Foods Inc.
Kraft Foods Inc. () was a multinational confectionery, food and beverage conglomerate. 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. Forty of its brands were at least a century old. The company was headquartered in Northfield, Illinois, near Chicago. Kraft was listed on the New York Stock Exchange and became a component of the Dow Jones Industrial Average on September 22, 2008, replacing the American International Group. In August 2011, the company announced plans to split into a North American grocery products business and a faster-growing global snacks company. The snacks company, Mondelez International Inc., is recognized as the legal successor to the old Kraft Foods Inc., while the grocery company took over the Kraft Foods name, and is now a part of Kraft Heinz.
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