The Kraft Foods Group offers a wide selection of products, such as A.1. Sauce, Heinz ketchup, Planters peanuts and Philadelphia cream cheese. As of July 2, 2015, the Kraft Foods Group has merged with the H.J. Heinz Holding Company to create the Kraft Heinz Company.
The Kraft Heinz Company controls over 200 brands that are sold in almost 200 countries. Eight of those brands have a yearly revenue of over $1 billion each. Some of these highly profitable brands are Kraft, Oscar Mayer, Philadelphia, Heinz, Classico, Ore-Ida and Maxwell House. The Kraft Heinz Company is currently the third largest food and beverage company in the United States and the fifth worldwide.
The Kraft Foods Company originally started as the J.L. Kraft & Bros. Company in 1909 when James Lewis Kraft joined in business with his four other brothers: Charles, Fred, Norman and John. The company was primarily a cheese company and changed its name to the Kraft Cheese Company to reflect its new focus in 1924. By 1953, over 200 food products were produced under the Kraft name. By 1989, Kraft broke ties with non-food companies such as Duracell to focus solely on food, officially becoming Kraft General Foods Corporation.