If you are a fan of oatmeal, cereal, or granola bars, you might have wondered which company owns Quaker, the brand that produces these products. Quaker Oats Company is an American food division business headquartered in Chicago.
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It was founded in 1877 as Quaker Mill Company and later changed its name to Quaker Oats Company in 1901. The brand name Quaker was chosen as a symbol of good quality and honest value by its founders.
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Quaker Oats Company has a long history of innovation and expansion. It introduced the first national magazine advertising campaign for a breakfast cereal, the first trial-size samples, the first oatmeal cookie recipe, and the first convenience product (Quaker Quick Oats).
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It also acquired other brands such as Mother’s Oats and Gatorade. In 2001, Quaker Oats Company was bought by PepsiCo, Inc., a multinational food and beverage company that also owns brands such as Frito-Lay, Tropicana, and Gatorade. PepsiCo paid $14 billion for Quaker Oats Company, mainly to acquire the Gatorade brand.
Today, Quaker Oats Company is still one of the leading producers of oat-based products in the world. It offers a variety of flavors and formats for its oatmeal, cereal, and granola bars.
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