FOOD HISTORY

LETS BEGIN SHALL WE: CREDIT GOES TO sunnythefarmer @ INSTAGRAM

BIG TOBACCO BOUGHT PROFITING OFF OF FOOD -_-

ACCORDING TO COPILOT:

RJ Reynolds and Nabisco: In 1985, RJ Reynolds acquired Nabisco Brands in a merger, forming RJR Nabisco. The merger brought together the tobacco expertise of RJ Reynolds and Nabisco’s food products, including iconic brands like Oreo cookies.

RJR Nabisco operated as a conglomerate selling both tobacco and food products. However, it ceased to exist as a single entity in 1999. RJ Reynolds (now known as R. J. Reynolds Tobacco Company) and Nabisco (now part of Mondelēz International) continue to exist independently.

Philip Morris and General Foods: In November 1985, Philip Morris Companies (now Altria) acquired General Foods for $5.6 billion, making it the largest non-oil acquisition at the time.

General Foods, founded in 1895, had developed popular products like Grape-Nuts cereal. The acquisition diversified Philip Morris away from tobacco and into the processed food business.

In December 1988, Philip Morris further expanded its food portfolio by acquiring Kraft Foods Inc.. It then merged General Foods and Kraft Foods to create Kraft General Foods Inc..

Later, in 1990, the combined company was reorganized as Kraft General Foods.

JO

Kraft Foods and Philip Morris: Philip Morris rebranded itself as Altria Group Inc. in 2003.

In 2007, Altria spun off its ownership stakes in Kraft Foods (88.1%) and Philip Morris International Inc..

Kraft Foods later merged with H.J. Heinz to form Kraft Heinz Co. in 2015.

These acquisitions shaped the landscape of both the tobacco and food industries, leaving a lasting impact on iconic brands and corporate histories.