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.

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 …

Kraft Foods Inc. completed the spin-off of Kraft Foods Group, Inc. and changed its name to Mondelēz International, Inc. Learn more about the spin-off information.

Jan 30, 2025 · Mondelēz International is an American global snack manufacturer spun off from Kraft Foods in 2012. A leader in biscuits with a strong portfolio of confectioneries, baked goods, and other snack items, Mondelēz focuses primarily on the high-growth international snack food industry—a market conducive to geographic expansion and product innovation.

The company's "hands" commercials, showing a pair of hands preparing recipes using Kraft products, became a symbol of the company's advertising success. The success of J.L. Kraft and his company was noted by Thomas McInnerney, founder of National Dairy Products Corporation.

While it's far from a household name, few corporations in American history can claim a more storied history than Mondelez International Inc. Now, activist investor William Ackman is unveiling a...

Oct 5, 2012 · Based on the respective market caps of the two new companies at the close of trading on Oct. 2, Mondelez is the larger company with 65% of the total value, leaving Kraft Foods Group with 35% of the total value.

Jul 17, 2017 · The heightened focus on cost-cutting and margin improvement is partly a result of criticism from activist investors who see Mondelez as underperforming other food giants, including Kraft Heinz.

Aug 6, 2015 · Here’s a timeline of the complicated relationship between Mondelez, Kraft and some other food giants, past and present. 1903: James L. Kraft begins selling cheese from a horse-drawn wagon in Chicago. By 1914, his company begins manufacturing cheese on its own.

Aug 9, 2024 · Mondelez International (MDLZ 1.58%) is a global snacking giant with a treasure trove of beloved brands. The company was formed in 2012 when Kraft Foods Group spun off its...