Kraft Foods Group, Inc. (NASDAQ:KRFT) was established in 1980 and is headquartered in Northfield, Illinois, USA. It has 22,100 full-time employees. It is a spin-off of the original Kraft Foods in October 2012 and inherits Kraft’s North American grocery business was spun off from another company, Mondelez International , which inherited its global retail business.
July 6, 2015, with the new company after the merger of Kraft and Heinz Kraft. Heinz listing, delisting Kraft North America groceries.
Kraft Foods (KRFT):
KRFT is the North American grocery business of the original Kraft Foods. On October 1, 2012, Kraft Foods (NYSE: KFT) split the company into North American grocery business and global snacks business-Mondelez International (NASDAQ: MDLZ), the company 2012 For the history before the year, you can refer to: Mondelez International Introduction (formerly Kraft Foods)
The North American grocery business after the spin-off of Kraft Foods continues to use the Kraft name-Kraft North American Grocery. The new company owns the snacks and food brands under the original Kraft Foods, including Cadbury, Jacob Coffee, LU Biscuits, and Nabisco , Oreo biscuits, Milka Chocolate, Fruit Drinks, Trident Chewing Gum and many other iconic brands.
On March 25, 2015, the North American food industry giant Heinz Foods announced that it has signed a merger agreement with Kraft Foods under the control of Buffett. The two food companies will merge and form a new company, Kraft Heinz. Co.). Heinz said that the merger will create the third largest food and beverage company in North America and the fifth largest in the world.
Kraft Foods (KRFT) investment:
Kraft Grocery Company’s official website: official website
Kraft Grocery Stock Encyclopedia: Encyclopedia