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., and, in 1990, combined the two food companies as
Kraft General Foods (KGF). "General Foods" was dropped from the corporate name in 1995 and now exists only as part of a
brand name for a flavored coffee-based beverage,
General Foods International.