General Foods

General Foods Corporation was a company whose direct predecessor was established in the USA by Charles William Post as the Postum Cereal Company in 1895. The name General Foods was adopted in 1929, after several corporate acquisitions. In November 1985, General Foods was acquired by Philip Morris Companies (now Altria Group, Inc.) for $5.6 billion, the largest non-oil acquisition to that time. In December 1988, Philip Morris acquired Kraft, Inc.,... More

Ceased Operations:

  • 1990

Business

Revenue:

Currency Amount Valid Date
  • 5,472,500,000
  • 1980
  • 783,000,000
  • 1955
  • 1,053,000,000
  • 1960
  • 1,893,800,000
  • 1970
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Net profit:

Currency Amount Valid Date
  • 232,100,000
  • 1980
  • 27,900,000
  • 1955
  • 54,100,000
  • 1960
  • 132,900,000
  • 1970
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Ranked item

Appears in ranked lists:

List Rank Year
  • 50
  • 1980
  • 31
  • 1955
  • 37
  • 1960
  • 46
  • 1970
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Fortune 500 of 1955

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Organization

Address

General Foods Headquarters

Tarrytown New York

Involved in merger:

Organizations merging Date Became organization
  • 1989

Parent:

Acquired by:

Acquiring organization Date
  • 1985

Organizations acquired:

Organization acquired Date
  • 1981
  • 1970
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