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Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] 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. [5]
In February 2019, shares in Kraft Heinz fell to a record low of under $35 after the company reported a $10.2bn loss for the previous year as the company announced that it would take a $15.4 billion writedown of its Kraft and Oscar Mayer brands, cut its dividend, and acknowledged that the U.S. Securities and Exchange Commission had opened a ...
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 after merging with Heinz . [ 3 ]
Girgarre was the second to last tomato sauce factory in Australia, [59] and its closing brought an end to Heinz's 70 years of tomato processing operations in Australia. [57] As of May 2020 Kraft Heinz is said to potentially be in discussions with Graeme Hart to sell off the brands of Wattie's in New Zealand and Golden Circle in Australia. [60]
J. L. Kraft [1] was born on December 11, 1874, near Stevensville, Ontario, Canada, located just north of Fort Erie, to Mennonite [2] parents Minerva Alice née Tripp (1848–1933) and George Franklin Krafft (1842–1914), a farmer [3] of German descent. He was the second of eleven children.