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Big Brands > Kraft Foods
Financial briefs: Northern Foods, Kraft, Weston Foods
Northern Foods and Kraft have successfully offset high commodity costs by focusing on core brands, while Weston Foods suffered an operating income decline of 30 per cent.
News briefs: Kraft, bread price crunch, and bakery closures
US food giant Kraft has set up a new Spanish and Portuguese Kraft subsidiary following the purchase of Groupe Danone's global biscuit business, including LU Iberia, in November 2007.
News Briefs: Warburtons, Kraft and personalised popcorn.
Warbutons plans to open a new bakery, Kraft expands its healthy living range, and popcorn becomes personalised.
Kraft Foods sells European assets
Kraft Foods announced on 24 April that it has signed agreements to sell its Artiach biscuits business in Spain to Barcelona-based bakery Panrico and its Balaton chocolate trademark in Hungary...
Kraft attacked over China relocation plans
A labour union at Kraft's Chinese division said the firm violated labour laws by not adequately informing its employees about the relocation of its headquarters in the country, according to...
Kraft, Sara Lee predict 2008 profit growth
Global food firms Kraft and Sara Lee yesterday said they expected to experience growth over the course of 2008, despite the impact of the current commodity squeeze.
Kraft profits down on input costs
Global food giant Kraft yesterday posted fourth quarter profit losses of six per cent, despite higher volume sales of chocolate, biscuit and beverage brands.
Kraft denies Brazilian acquisition
Global food giant Kraft yesterday denied making a bid for Brazilian poultry company Perdigao, despite a flurry of merger and acquisition activity over the last year.
News briefs: Kraft, Heinz and Lotte
Heinz posts a nearly 10 per cent increase in operating profits; Kraft finalises the acquisition of Danone's biscuit division; and Korean company Lotte moves into the Japanese cake market.
Kraft to sell Post Cereals to Ralcorp
Food giant Kraft Foods today announced a demerger of its Post Cereal brand to Ralcorp Holdings for $2.6bn of stock and cash, as part of the company's strategy to concentrate...
Kraft takes larger slice of snack pie with Danone buy
Kraft Foods is set to take an even larger share of the global snack market after receiving conditional approval by the European Commission to purchase the biscuit, cereals and snack...
News briefs: Kraft, Kellogg and antioxidant nuts
Kraft signs the legal documents to acquire Danone's biscuit unit; Kellogg's will increase its advertisement spend; and new research suggests that boiling nuts retains their antioxidant properties.
EU extends review of Kraft Danone deal
The European Commission announced it has extended the time limit on its inquiry into Kraft's proposal to purchase Danone's biscuit division, after both parties submitted new information relevant to the...
Kraft resets its focus to drive down costs
Kraft Foods will drive down costs by $1bn (€732m), rejig its global portfolio, and exploit its sales capabilities, in a bid to make the company more profitable, the company's top...
Kraft reveals its four approaches to health and wellness
Kraft explains its approach to health and wellness in the second of a series of FoodNavigator-USA.com articles examining the practices of major US food firms in the face of a...
Kids advertising legislation may force Kraft to sell Post
Kraft may be selling the US based cereals business for as much as $3bn (€2.2bn), because of pressure from new legislation in regards to advertising to children, according to a...
Kraft profit margins down due to higher input costs
Kraft's profit margins will continue to decline in the second half of the year due to increases in input costs, the company said today.
Kraft to buy Danone biscuits
Kraft Foods today offered €5.3bn for Danone's biscuit and cereals divisions, which generate about €2bn in sales annually.
Investor Peltz takes stake in Kraft
US activist investor Nelson Peltz has bought a 3 per cent stake in Kraft Foods, giving him some control over the food company's future.
Kraft plans roadmap for success
US snack giant Kraft has announced new initiatives which, it claims, will enable the company to hit long-term targets and reverse its recent revenue downturn.
Kraft biscuit buy goes ahead
US Food giant Kraft has completed its acquisition of United Biscuits' Iberian biscuit sector in a $1.07bn (€836m) deal that will increase its already-strong presence in Europe.
Steady results for Kraft
Global snack heavy weight Kraft Foods has reported steady results but figures show the impact of a year of change for the US based company.
Confirmed: Kraft buys Spanish UB unit
Leading food manufacturer Kraft has paid £575m (€829.6m) for United Biscuit's southern European snack business. The deal was signed off over the weekend, said British daily The Financial Times.
Kraft prepares for UB bid
American manufacturer Kraft will make a bid for United Biscuit's southern European division, while Premier Foods and a Dutch equity firm negotiate for stakes in UB's northern European operations.
Kraft customers to invent new products
US food firm Kraft has launched a customer-led research and development programme, in a bid to re-engage with consumers and tap growing health and wellness trends.
