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Kraft Foods is North America's leading food company, and the world #2 (after Nestle)
with blockbuster brands including the eponymous masterbrand, Nabisco biscuits, Maxwell
House coffee, Oscar Mayer meats and Philadelphia cream cheese. For many years, the group was the junior partner in Altria
(formerly Philip Morris Companies), the conglomerate whose biggest division makes Marlboro cigarettes.
However it was split out as an independent group in 2007, and went on to expand its global
footprint with a series of acquisitions. It purchased Danone's
substantial Lu biscuits division in Europe the same year it gained its independence, and in 2009 launched a bid to acquire British
confectionery giant Cadbury. After an increasingly bitter battle of wills, Kraft
secured victory in early 2010 with an agreed deal of around $19bn. Those
deals gave the enlarged group a significantly enhanced global presence,
and it plans now to maximise the returns from that footprint by splitting
into two separate companies during 2012. Kraft Foods will retain the original core business of North American groceries; while another company, with the proposed name of Mondelez International, will be focused on global snacks. See also Nabisco and Cadbury profiles.
Which agencies handle advertising for Kraft? Find
out more from the Account Assignments database
Who are the competitors of Kraft? See Food Sector index for other companies
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Adbrands Company Profiles provide a detailed analysis of the history and current operations of leading advertisers, agencies and brands worldwide, and include a critical summary which identifies key strengths and weaknesses. Adbrands Account Assignments tracks account management for the world's leading brands and companies, including details of which advertising agency handles which accounts in which countries for major markets.
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Kraft Foods website
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