Company Profile
Updated: 11-NOV-09Kraft Foods Inc.
Public Company, Headquarters Location
3 Lakes Dr., Northfield, IL 60093-2753, United States
(847)646-2000, http://www.kraftfoodscompany.com/
Primary SIC: Cheese Natural Processed & Imitation, Primary NAICS: Cheese Manufacturing
Description: Kraft Foods Inc. incorporated in 2000 in the Commonwealth of Virginia. Prior to its initial public offering on June 13, 2001, the company was a wholly-owned subsidiary of Altria Group, Inc. ("Altria"). As of March 30, 2007, all Kraft shares owned by Altria were distributed to Altria's stockholders and the company's separation from Altria was complete. The company manufactures and markets packaged food products through two commercial units: Kraft North America and Kraft International. Kraft North America operates in the U.S. and Canada and is managed by product category. Kraft International is managed by geographic location. The company, which is headquartered in Northfield, Illinois, has operations in more than 70 countries and sells its products in more than 150 countries. Business segments include snacks, beverages, cheese, grocery and convenient meals. Kraft Foods acquired Groupe Danone S.A. on November 30, 2007. On August 4, 2008, the company completed the merger of its Post cereals business into Ralcorp Holdings, Inc. Kraft Foods best-known brands include Kraft cheeses, dinners and dressings; Oscar Mayer meats; Philadelphia cream cheese; Maxwell House coffee; Nabisco cookies and crackers and its Oreo brand; Jacobs coffees, Milka chocolates and LU biscuits. More
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OSI Restaurant Partners, LLC Names Elizabeth Smith New CEO.
Marketing Weekly News; 11/21/2009; 1209 words; ...tenure with Avon Products Inc., where she served most...worked for 14 years at Kraft Foods Inc. rising to the position...of Directors of Staples Inc. and Big Brothers and...Restaurant and Bar, Retail, Food and Beverage, Information...
Research and Markets Adds Report: Hot Drinks: Global Industry Guide.(Industry overview)(Report)
Health & Beauty Close-Up; 11/17/2009; 680 words; ...percent of the global market volume. Companies Mentioned Include: - Nestle S.A. - Sara Lee Corp. - Unilever - Kraft Foods, Inc. Report information: http://www.researchandmarkets.com/research/2f2083/hot_drinks_global...
Research and Markets Adds Report: Food & Drink 2009 Fortune Global 500 Databank - Company Profiles.(Company overview)
Health & Beauty Close-Up; 11/17/2009; 724 words; ...Kirin Holdings Company Limited - Kraft Foods Inc - McDonald's Corp. - Nestle SA - PepsiCo Inc - Sodexo - Tyson Foods Inc - Unilever plc - Unilever NV - Wilmar...researchandmarkets.com/research/35e8b8/food_drink_2009 ((Comments on this...
Kraft makes hostile bid for Cadbury
AP Worldstream; 11/16/2009; 660 words; Kraft Foods Inc. on Monday launched a 9.8 billion...both companies of combining Kraft Foods and Cadbury," Kraft Foods Chief Executive Irene Rosenfeld...Northfield, Illinois, is the largest food company in the U.S. and No...
Cadbury rejects Kraft bid
AP Worldstream; 11/16/2009; 449 words; ...billion) hostile takeover bid from Kraft Foods Inc. Cadbury says that Monday's renewed approach from Kraft "does not come remotely close...true value of our company." Kraft has refused to sweeten a previous...
Manufacturing: Food products, including cheese, breakfast cereals, processed meats, coffee, beverages, desserts, frozen entrees and grocery items. Finance: Holding company for entities involved in manufacture of food products.
Recent News Articles
- CONFECTIONERY: Kraft bid 'to spark upsurge in Cadbury's marketing'.(Kraft Foods Inc.)
Marketing Week - November 12, 2009 - Kraft Foods Inc. to Make Offer for Cadbury PLC.
PR Newswire - November 09, 2009 - The UK takeover panel ruled that Kraft Foods must make a formal bid for Cadbury by Nov. 9.(MERGER RELATED NEWS)(Cadbury Beverages Inc.)(Brief article)
The Food Institute Report - October 05, 2009 - Kraft Foods Inc. is considering whether to make a formal offer for Cadbury Plc, stated CEO Irene Rosenfeld.(MERGER RELATED NEWS)
The Food Institute Report - September 21, 2009
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