DART & KRAFT IS SPLITTING UP
Dart & Kraft Inc. will split into two companies, undoing much of the 1980 merger of Kraft Inc., the food powerhouse, with Dart Industries, the industrial and consumer products concern. The larger of the two companies, to be called Kraft Inc., will consist of two strong divisions: Kraft foods and Duracell batteries, the company's board decided today. It is expected to have sales of about $8 billion this year. The other company will be formed from four less stellar performers: Tupperware, West Bend consumer products, Hobart food equipment and the Wilsonart plastics. This company - as yet unnamed - is expected to have annual sales of about $2 billion.