Kraft Foods Net Worth is4.2 12-Month Sales Growth (%)
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Company Name: Kraft Foods Group, Inc.
Company Type: Public company
Traded As: KRFT
Foundation: Chicago, Illinois (1903)
Location: Northfield, Illinois, United States
Key People: John Cahill,
Area Served: Worldwide
Industry: Food processing
Products: Kraft Foods#Brands
Revenue: url
Operating Income: 06.657 billion (2011) Net Income: 03.547 billion (2011) Assets: equity
Num Employees: 126,000 (2011) Homepage: http://www.kraftfoodsgroup.com/
Intl: yes
Kraft Foods Group is an American multinational, food and beverage conglomerate, which is headquartered in Northfield, Illinois, a Chicago suburb.
Kraft Foods Group is an independent public company; it is listed on the Nasdaq. (NASDAQ: KRFT)
On 1 October 2012, the former Kraft Foods Inc. changed its name to MondelA?z International, Inc. and spun-off its North American grocery business into a new company called Kraft Foods Group, Inc. Kraft Foods Group focuses on the North American grocery business. MondelA?z International focuses on the global snacks business, including the former Cadbury businesses, plus global brands including Dairylea and Oreo. On April 2, 2012, Kraft Foods Inc. announced that it had filed a Form 10 Registration Statement to the SEC to split the company into two companies to serve the "North American grocery business".
Kraft is an official partner and sponsor of Major League Soccer and sponsors the Kraft Nabisco Championship, one of the four "majors" on the LPGA tour. The company also sponsors the Kraft Fight Hunger Bowl, a post-season college football bowl game.
Kraft HockeyVille is a Canadian reality television series developed by CBC/SRC Sports and sponsored by Kraft Foods in which communities across Canada compete to demonstrate their commitment to the sport of ice hockey. The contest revolves around a central theme of community spirit in Canada and is directed by Mike Dodson.
Kraft has released an iPad app called "Big Fork Little Fork" which, in addition to games and other distractions, has information regarding how to use Kraft foods in nutritious ways. This app costs $1.99; a version for home computers is available on the iTunes app store.
The company's core businesses are in beverage, cheese, dairy foods, snack foods, confectionery, and convenience foods. A selection of Kraft's main brands are as follows:
In 2010, two California residents filed a class action lawsuit against Kraft Foods for claiming certain products ar

Kraft Foods Latest News

Kraft in talks to buy Europe's Unilever

announced a $45 billion takeover of Kraft Foods. Companies like Kraft Heinz and Unilever are trying to catch up to rapidly changing consumer tastes as more people steer clear of processed foods. They are changing up the foods they offer and cutting costs.
Posted: February 17, 2017, 10:21 am

Mergers of Food Companies Can Be Hard to Digest

Kraft Heinz (KHC) recently walked away from a contemplated $143 billion combination with Unilever (UN) , a merger that could have created one of the world's largest producers of packaged foods, from lunch meats, Jell-O and ketchup to tea and mayonnaise.
Posted: March 1, 2017, 6:00 am

Kraft backs out of Unilever bid after hostile reception

A signage is displayed at a security checkpoint outside Kraft Foods’ headquarters in Northfield, US. Kraft’s rapid retreat from its surprise $143bn bid for Unilever in the face of stiff resistance knocked the Anglo-Dutch company’s shares yesterday as ...
Posted: February 20, 2017, 8:50 am
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