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Big Brands > Kraft Foods

News in brief

Kraft shareholders approve ‘Mondelez International’ name for global snacks business

Kraft Foods shareholders have approved the name Mondelez International as the new name for the company’s global snacks business after it splits into two separate companies later this year.

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Vote due on Kraft snacks name

Kraft Foods will decide tomorrow whether to change the name of its global snacks spin-off to Mondelez International in a vote at its Annual Shareholder Meeting.

Biscuits, chocolate and developing markets drive growth for Kraft in Q1

Kraft Foods is off to a solid start to 2012 in its first quarter (Q1) results driven by sales growth in global biscuits and chocolate and strong performance in emerging markets.

Kraft 2012 outlook stable in face of commodity pressures, says rating agency

Risks remain for Kraft Foods ahead of its planned split as it is squeezed by commodity costs, but it will sustain growth in 2012, according to the rating agency Standard...

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Kraft recalls peanuts exposed to suspect water

Kraft Foods has voluntarily recalled one date code of its Planters Cocktail Peanuts because the products may have been exposed to water not intended for use in food.

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Kraft CEO Irene Rosenfeld bags $22m in 2011

Kraft Foods head Irene Rosenfeld was paid $22m in 2011, according to figures in a recent filling to the US Securities and Exchange Commission.

Kraft Foods reveals new name for global snacks business

Kraft Foods has today announced the name of its global snacks spin-off and its North American grocery business.

Kraft claims US category first with real milk granola bar launch

Kraft Foods is launching what it claims is a category first, as it rolls out new MilkBite Milk & Granola bars in the US that contain real milk in a granola...

Power brands and BRIC countries drive growth for Kraft in 2011

Kraft Foods has posted growth in its 2011 results driven by strong performance for its power brands and BRIC and European markets.

News in brief

Kraft appoints new legal head

Food giant Kraft Foods has appointed Gerhard "Gerd" W. Pleuhs to lead its global legal team after its current head plans to leave in April.

Kraft, General Mills and ConAgra: analysts’ tips on Pringles suitors

Kraft Foods is the likeliest candidate for Procter & Gamble’s Pringles brand after a deal with Diamond Foods looks lost, though other candidates may be lurking, according to analysts.

Kraft to cut 1,600 jobs in preparation for company split

Kraft Foods has said it will cut about 1,600 jobs from its US and Canadian workforce over the next 12 months, as it prepares to split into two separate companies.

Asian suitors and Kraft may move for United Biscuits as split rumours rife

UK-based United Biscuits (UB) may have attracted bidders from Asia and major companies like Kraft and PepsiCo amid rumours the company has split its operations into a snacks and biscuit...

Kraft to introduce BelVita breakfast biscuits to US amid other ‘healthy’ snack launches

Food giant Kraft has announced plans to introduce BelVita breakfast biscuits to the US market following European success and plans a string of other snacks product launches in 2012 to...

Kraft’s carbon emissions from plants ‘negligible’

The vast majority of Kraft Foods’ carbon emissions come from outside its manufacturing facilities, according to a survey mapping its environmental footprint, but the full picture may look quite different...

Kraft’s snacks spin-off targets Asia and Latin America as Rosenfeld appointed head

Developing markets are to make up almost half of revenues for Kraft’s global snacks business as the spin-off business announces Irene Rosenfeld as its head.

Kraft Foods shows strong performance in European chocolate and snacks

Kraft Foods has announced improved turnover in its third quarter results, boosted by enhanced sales in Europe and developing markets.

Kraft Foods opens €15m biscuit R&D centre in Paris to boost European portfolio

A Biscuit Research and Development Centre from food giant Kraft opened its doors yesterday in Saclay, France, a suburb of Paris.

Kraft invests in Bournville, defends global split

Kraft has confirmed that it has chosen Cadbury’s site in Bournville as the site of a new chocolate centre to “drive new product development and new technologies” for chocolate brands....

Kraft Foods to split into two separate companies

Kraft Foods has said it intends to split into two companies, in a move that would create a global snacks powerhouse separate from its North American grocery business.

EFSA health claim opinion

Kraft on positive glycaemic health claim opinion: “We are only halfway through the process”

Kraft Foods Europe is “delighted” to have become only the second company to win an article 13.5 health claim but is focusing now on how the opinion will be viewed...

EFSA health claim opinion

Kraft chews on article 13.5 glycaemic health claim win

Kraft Foods Europe is the second company to win a positive article 13.5 proprietary and emerging science health claim opinion from the European Food Safety Authority (EFSA) with a submission...

Brazil: Kraft capitalises on chocolate and biscuit growth

Kraft Foods is leveraging the growing trend for chocolate and biscuits in developing markets with the opening of a new $80m production facility in Brazil.

Antitrust fine on Kraft and Unilever may act as 'deterrent' to others, lawyer

The German cartel office’s fine of €38m imposed on Kraft Foods, Unilever and Dr Oetker for illegal disclosure of ‘competition relevant information’ may act as a deterrent to other brand...

Kraft sues Indian biscuit maker for 'trademark violation'

Kraft Foods is suing Indian biscuit maker Britannia Industries for trademark violation related to one of its products that the US group says is a copy of its popular Oreo...

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