The William Wrigley Jr. Company is a company headquartered in the GIC (Global Innovation Center) in Goose Island, Chicago, Illinois. The company was founded on April 1, 1891, originally selling products such as soap and baking powder. In 1892, William Wrigley, Jr., the company's founder, began packaging chewing gum with each can of baking powder. The chewing gum eventually became more popular than the baking powder and Wrigley's reoriented the company to produce the gum.
The company currently sells its products in more than 180 countries and districts and maintains 140 factories in various countries and districts, including the United States, Mexico, Australia, the United Kingdom, Canada, Spain, New Zealand, the Philippines, Czech Republic, Germany, South Africa, Argentina, Tanzania, Tunisia, Somalia, North Korea (the only US enterprise there), France, Kenya, China, India, Taiwan, Poland, and Russia.
Subject ID: 21539
MoreThe William Wrigley Jr. Company is a company headquartered in the GIC (Global Innovation Center) in Goose Island, Chicago, Illinois. The company was founded on April 1, 1891, originally selling products such as soap and baking powder. In 1892, William Wrigley, Jr., the company's founder, began packaging chewing gum with each can of baking powder. The chewing gum eventually became more popular than the baking powder and Wrigley's reoriented the company to produce the gum.
The company currently sells its products in more than 180 countries and districts and maintains 140 factories in various countries and districts, including the United States, Mexico, Australia, the United Kingdom, Canada, Spain, New Zealand, the Philippines, Czech Republic, Germany, South Africa, Argentina, Tanzania, Tunisia, Somalia, North Korea (the only US enterprise there), France, Kenya, China, India, Taiwan, Poland, and Russia.
In 2005, Wrigley purchased the Life Savers and Altoids businesses from Kraft Foods for US$1.5 billion. On April 28, 2008, it was announced that Mars, Incorporated would acquire Wrigley for approximately $23 billion. Financing for the transaction was provided by Berkshire Hathaway, Goldman Sachs and JPMorgan. Berkshire Hathaway holds a minority equity investment in the Wrigley subsidiary.
Subject ID: 21539
Subject ID: 21539