May 31, 2013
/PRNewswire/ -- On
February 27, 2013
, Kraft Foods filed a lawsuit against Land O'Frost in the federal district court in
for patent infringement of Kraft's U.S. Patent No. 7,172,779 which covered a pre-sliced cold cuts package sold in grocery stores.
The parties have reached a settlement, the terms of which will remain confidential. Kraft Foods has a long history of innovation.
ABOUT KRAFT FOODS GROUP
Kraft Foods Group, Inc. (NASDAQ: KRFT) is one of
's largest consumer packaged food and beverage companies, with annual revenues of more than
. With the spirit of a startup and the soul of a powerhouse, Kraft has an unrivaled portfolio of products in the beverages, cheese, refrigerated meals and grocery categories. Its iconic brands include
Kraft, Maxwell House, Oscar Mayer, Philadelphia, Planters, Velveeta, Capri Sun, JELL-O
. Kraft's 23,000 employees in the U.S. and
have a passion for making the foods and beverages people love. Kraft is a member of the Standard & Poor's 500 and the NASDAQ-100 indices. For more information, visit
SOURCE Kraft Foods Group