Kraft Foods Group Inc.

Introduction: Kraft Foods Group Inc. (NASDAQ: KRFT) is an American grocery manufacturing and processing conglomerate,[4] which is headquartered in Northfield, Illinois, a Chicago suburb.

The company was formed in 2012 by a demerger from Kraft Foods Inc., which in turn was renamed Mondelēz International. The new Kraft Foods Group is a North American grocery business, while Mondelēz is a multinational snack and confectionary company. Kraft Foods Group is an independent public company; it is listed on the NASDAQ.

History

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".

On October 1, 2012, Kraft Foods Inc. spun off its North American grocery business to a new company called Kraft Foods Group, Inc. The remainder of Kraft Foods Inc. was renamed Mondelēz International, Inc. and was refocused as an international snack and confection company.

Brands

The company's core businesses are in beverage, cheese, dairy foods, snack foods, and convenience foods. A selection of Kraft's main brands are as follows:[
Capri Sun US License
Jell-O
Kraft, including Kraft Dinner, Kraft Singles, Kraft Mayo
Maxwell House
Oscar Mayer
Philadelphia
Polly-O
Velveeta
Vegemite
Cadbury
RIDG's Finer Foods, licensing name used by Kraft addressing Bull's-Eye Barbecue Sauce