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Kraft Foods, at the time also a subsidiary of Altria, merged with Nabisco. [35] In 2006, Nabisco sold its Milk-Bone pet snacks to Del Monte Foods Co. for $580 million. [36] Altria spun-off Kraft Food along with its Nabisco subsidiary in 2007. [37] In January 2007, Kraft sold Cream of Wheat to B&G Foods. [38]
In August 2011, Kraft Foods announced plans to split into two publicly traded companies, an international snack-food company and a North American grocery company. [22] [23] The snack-food company, called Mondelez International, would be the legal successor of the old Kraft Foods, while the grocery company would be a new company, Kraft Foods Group.
Kraft Foods Inc. (/ ˈ k r æ f t /) was a multinational confectionery, food and beverage conglomerate. [4] 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. [5]
R. J. Reynolds Tobacco Company was founded in Winston-Salem, North Carolina, in 1875 and changed its name to R. J. Reynolds Industries, Inc. in 1970.It became RJR Nabisco on April 25, 1986, after the company's $4.9 billion purchase, and earlier 1.9 billion stock swap, of Nabisco Brands Inc. in 1985.
The Kraft frozen pizza division is now part of Nestle D.S.D. (direct store delivery). Touch of Butter: Dairy North America 1995 Sold to Nabisco Brands, Inc. Nabisco's butter business was sold to ConAgra Foods in 1999. It is now discontinued. Trolli U.S. Confectionery: North America 2000 2005 Sold to Wm. Wrigley Jr. Company
In 2015, Kraft Hockeyville was expanded to the United States with a separate competition for communities there. From 2002 to 2014, Kraft sponsored the Kraft Nabisco Championship, one of the four "majors" on the LPGA tour. The company also sponsored the Kraft Fight Hunger Bowl, a post-season college football bowl game, from 2010 to 2012.
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After the Kraft merger, they were known as "Kraft Cheese Nips". However, on November 21, 2019, there was a recall on Cheese Nips due to a plastic contamination. [ 3 ] As of 2020, Cheese Nips have since been discontinued according to a Nabisco representative. [ 4 ]
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