Kraft Foods Inc.
Final logo, used from 2009 to 2012 | |
Kraft headquarters in Northfield, Illinois | |
| Company type | Public |
|---|---|
| Industry | Food |
| Founded | December 10, 1923 |
| Founder | James L. Kraft |
| Defunct | October 1, 2012 |
| Fate | Renamed to Mondelez International, some assets were spun-off to create Kraft Foods |
| Successor | |
| Headquarters | Northfield, Illinois, U.S. |
Area served | Worldwide |
Key people | Irene Rosenfeld (chairman & CEO) |
| Products | Ultra-processed food |
Kraft Foods Inc. (/ˈkræft/) 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.