Facts about Kraft Foods

Kraft Foods formalized its bid for Cadbury Plc on Monday, submitting to shareholders an offer already rejected by the British chocolatier.

Following are facts about Kraft:

- Kraft is the world's second-largest food group, after Nestle.

- The company's origins date to 1903, when James L. Kraft began a business selling cheese from the back of a wagon in Chicago, Illinois. In 1914 the company started making its own cheese.

Image: A view of Kraft Food Inc. headquarters in Northfield

Text: Reuters

Image courtesy: AP

Also see: Kraft's $16-billion hostile bid for Cadbury