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Issue Date: Vol. 52, No. 10, October 2012, Posted On: 10/2/2012


Mondelez And Kraft Foods Group Begin Trading As Separate Companies


Emily Jed
Emily@vendingtimes.net
TAGS: Kraft Foods Group, Mondelez International, Kraft Foods Inc., Cadbury, Oreo, Cadbury, Nabisco, Trident, chocolate, candy, biscuits, MDLZ, consumer packaged food, beverage, Maxwell House, Oscar Mayer, Planters, Jell-O, KRFT

NORTHFIELD, IL -- Kraft Foods Group and Mondelez International began trading as two separate public companies on Oct. 2 upon completion of the previously announced spinoff. | SEE STORY

Kraft Foods Inc. announced in March that it would separate its global snack business into a stand-alone company called Mondelez International Inc. With brands like Cadbury, Oreo, Cadbury, Nabisco and Trident, Mondelez ranks as the world’s largest chocolate, candy and biscuit maker. It is trading on the Nasdaq exchange under the ticker "MDLZ."

The North American grocery business, now called Kraft Foods Group, remains North America’s fourth-largest consumer packaged food and beverage company, with a portfolio of brands that includes Maxwell House, Oscar Mayer, Planters and Jell-O. Its Nasdaq ticker changed to "KRFT" from "KFT."


Topic: Vending Features

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