Kraft Foods

Kraft Foods Group, Inc.
Company typeDivision[1]
Nasdaq: KRFT
ISINUS50076Q1067 Edit this on Wikidata
IndustryFood processing
PredecessorKraft Foods Inc.
FoundedOctober 1, 2012; 12 years ago (2012-10-01)
FounderJames L. Kraft
DefunctJuly 2, 2015; 9 years ago (2015-07-02) (as a company)
FateMerged with Heinz to form Kraft Heinz, remaining as a division
SuccessorKraft Heinz
HeadquartersChicago, Illinois, United States
Area served
Worldwide
ProductsList of products
Number of employees
22,500 (2015) Edit this on Wikidata
ParentKraft Heinz
Websitekraftheinzcompany.com

Kraft Foods Group, Inc. was an American food manufacturing and processing conglomerate,[2] split from Kraft Foods Inc. on October 1, 2012, and was headquartered in Chicago, Illinois. It became part of Kraft Heinz on July 2, 2015.[3]

A merger with Heinz, arranged by Heinz owners Berkshire Hathaway and 3G Capital,[4][5] was completed on July 2, 2015, forming The Kraft Heinz Company, the fifth-largest food and beverage company in the world.[6][7]

  1. ^ "Prospectus Filed Pursuant to Rule 424". The Kraft Heinz Company. July 2, 2015. Archived from the original on February 16, 2016. Retrieved February 11, 2016.
  2. ^ "Kraft Foods Inc". Funding Universe. 2002. Archived from the original on October 17, 2006. Retrieved March 10, 2008.
  3. ^ "Kraft Heinz moving Illinois headquarters from Northfield to Chicago". www.bizjournals.com. Retrieved September 16, 2018.
  4. ^ Giammona, Craig; Boyle, Matthew (March 25, 2015). "Kraft Will Merge With Heinz in Deal Backed by 3G and Buffett". Bloomberg News. Retrieved July 8, 2018.
  5. ^ "Kraft Foods to merge with ketchup maker Heinz". Reuters. March 25, 2015. Retrieved March 25, 2015.
  6. ^ Feeney, Nolan (March 25, 2015). "Kraft and Heinz Merge to Become World's 5th-Largest Food Company". Time.
  7. ^ Coyne, Justine (July 2, 2015). "Goodbye H.J. Heinz Co.; Kraft Heinz merger a done deal". Pittsburgh Business Times. Retrieved July 3, 2015.