General Foods Corporation conducted a number of acquisitions to grow the comapny, acquiring Jacobs Kaffee in 1979, Oscar Mayer in 1981, and Suchard Tobler in 1982 (from merger of Phillip Suchard Company and Tobler Pandora Group 7 Out of the Box Consulting
in 1970). General Foods Corporation was later acquired in 1985 by tobacco giant Phillip
Morris, now known as Altria Group, Inc. In 1988, Phillip Morris purchased Kraft for
$12.9 billion.