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Kraft Foods profit falls as sales dip
2015-04-28 23:46:12| Food - Topix.net
The Northfiled, Ill., company, which was spun off in 2012 from Mondel z International Inc., is now merging with H.J. Heinz Co. The merger is expected to close in the second half of 2015 and would create the third-largest food and beverage company in North America, with about $28 billion in revenue, and is expected to result in about $1.5 billion in annual savings by the end of 2017.
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Category:Food and Related Products
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