Kraft and Dart
PA Melbourne Two American giants — Kraft Inc. and Dart Industries Inc. — have agreed in principle to a tax-free merger of the two companies into a new enterprise to be called Dart and Kraft Inc. Kraft, which is listed in Australia through the Melbourne stock exchange, is one of the few United States companies whose shares are| traded by Australian inves-| tors. i
Kraft is a leading proces-
;sor and distributor of pack- ) aged food products under the i retail names of Kraft, SealItest, Velveeta, Parkay, Breyers, Breakstones, Philadelphia brand, Light ’n Lively 7, Miracle Whip, and Cracker Barrel. It also is a major supplier of edible oils and other ingredient foods. Dart is a diversified multinational known for Tupperware, Duracell batteries, Westbend cookware, and small electrical appliances. There is further diversit} 7 in I chemical plastics, and glass.!
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Press, 14 July 1980, Page 22
Word Count
141Kraft and Dart Press, 14 July 1980, Page 22
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