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Kraft *
Ranking: 3*
Sales: $54.36 billion (year ending Dec. 2011)
Acquisitions: Boca Foods
Back to Nature

Kraft acquired Boca in 2000 and Back to Nature in 2003, moves that preceded a 2007 growth strategy, which included expanding its organic line of foods. Kraft recently agreed to sell a majority stake in Back to Nature to private equity firm Brynwood Partners, a move related to its split in October.

(*The rankings were determined before Kraft's split into two companies: Kraft Foods Group, KRFT, and Mondeléz International, MDLZ, began trading separately Oct. 2.)

Photo: Daniel Acker | Bloomberg | Getty Images