[1], In 1995, it changed its name to the present name, Kraft Foods. At the same time, the firm transferred to Glenview, Illinois, in 1972. She had often accompanied her father on business trips and frequently sat in on meetings. Kraft Foods had voor de splitsing een omzet van ruim € 42 miljard, waarvan € 28 miljard nu vallen binnen het nieuwe snackbedrijf Mondelez. In July 2007, the company bought Groupe Danone's biscuit (cookie) and cereal division for $7.2 billion, including iconic French biscuit brand Lefèvre-Utile. Kraft Foods Inc was an official partner and sponsor of Major League Soccer and sponsored the Kraft Nabisco Championship, one of the four "majors" on the LPGA tour. National Dairy management ran the combined business. [41], At the time of the purchase, the chocolate and sugar industry had been growing rapidly at 15% over the previous three years and was valued at $113 billion. When asked if he wanted a second cup of coffee, Roosevelt answered, "Yes, indeed, it's good to the last drop." In 1924, the company changed its name to Kraft Cheese Company and listed on the Chicago Stock Exchange. SWAT took Yvonne into custody at 8:30pm. Kraft Foods Inc was an official partner and sponsor of Major League Soccer and sponsored the Kraft Nabisco Championship, one of the four "majors" on the LPGA tour. In 2000, Philip Morris (renamed Altria in 2003) acquired Nabisco Holdings for $18.9 billion and merged the company with Kraft Foods the same year. [57], In 2010, two California residents filed a class action lawsuit against Kraft Foods for claiming certain products are healthy when in fact they contain unhealthy trans fat. For example, Vegetable Thins are "made with real vegetables", and Kraft argues that this true statement cannot be called misleading. In part, the change was made to reduce confusion with the recently established National Broadcasting Company. [1], In 1990, the company acquired Jacobs Suchard (a European coffee and confectionery giant) and Freia Marabou (a Scandinavian confectionery maker) to expand overseas as its business was heavily dependent on the U.S. Ongeveer een derde van de activiteiten van Mondelez bevinden zich in Europa. In 1951 the postwar economic boom drove National Dairy's sales over the $1 billion mark for the first time. Log Cabin syrup was sold in 1997. [59][62] The American Heart Association concludes that there is "no safe level" of trans fat in the diet. [77][78] A Washington Post editorial credited the "aggressive food safety system at Kraft Foods" with effectively addressing the danger.