Kraft foods | Wikipedia audio article
Channel: wikipedia tts
Date: 12/12/2018

This is an audio version of the Wikipedia Article:
Kraft foods


00:00:48 1 History
00:00:57 1.1 Spinoff of Kraft Foods Group from Mondelez International, Inc
00:02:00 1.2 Kraft and Heinz merger
00:02:38 2 Sponsorships and promotions
00:04:04 3 Brands
00:04:22 4 Corporate social responsibility
00:04:52 5 Controversy
00:05:42 6 See also



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SUMMARY
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Kraft Foods Group, Inc. is an American grocery manufacturing and processing conglomerate headquartered in Chicago, Illinois, part of the Kraft Heinz Company.The company was restructured in 2012 as a spin off from Kraft Foods Inc., which in turn was renamed Mondelez International. The new Kraft Foods Group was focused mainly on grocery products for the North American market while Mondelez is focused on international confectionery and snack brands. Until the merger with Heinz, Kraft Foods Group was an independent public company listed on the NASDAQ stock exchange.
On July 2, 2015, Kraft completed its merger with Heinz, arranged by Heinz owners Berkshire Hathaway and 3G Capital, creating the fifth-largest food and beverage company in the world, Kraft Heinz Company.