Article: Kraft Foods Acquires Veryfine Products.

Business Editors

NORTHFIELD, Ill.--(BUSINESS WIRE)--March 29, 2004

Kraft Foods Inc. (NYSE:KFT), a global leader in branded foods and beverages, today announced that it has closed on its purchase of Veryfine Products Inc., a privately held beverage manufacturer. Terms of the sale were not disclosed.

Veryfine Products, based in Littleton, MA, was established in 1865 and has been owned by the Rowse family since 1900. In 2003, it posted net sales of more than $150 million, led by Fruit2O, the number-one-selling flavored water in the United States.

As part of the sale, Kraft will acquire Veryfine's 350,000-square-foot manufacturing facility ...

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