Has the newly independent company been able to leverage its iconic brands and agile operations to maintain a competitive edge in a challenging industry?
The mega payout by Mars, Inc. for Kellanova is driven by the candy giant’s desire to expand its footprint in the fast-growing market for healthier snacks, which is underpinned by consumer preference that is shifting away from traditional packaged foods...
From one of the largest transactions in the food industry in recent years to smaller deals to achieve scale to offset changing consumer preferences and economic pressures, the bakery and snacks sectors have been experiencing significant M&A activity...
There is a growing body of research that supports the potential benefits of the four-day work week, yet there remains a pervading scepticism that productivity and revenue will drop. Kellogg’s has had great success in bucking that mindset …
The European snacks market has been pummelled by soaring production costs, supply chain challenges, labour shortages and falling volume sales, however, recently appointed president Sandy Iagallo believes the future looks bright for the sector that is...
The Kellogg Company has split into two separate, publicly traded companies - WK Kellogg Co and Kellanova - effectively to ‘create substantial value for shareowners’, however, shares of both fell in their first day of trading after the separation.
The two, separated entities of the Battle Creek, Michigan-headquartered behemoth have unveiled their respective strategies, capital structures and financial outlooks ahead of the split during the fourth quarter of 2023.
The Cheez-It, Frosted Flakes and ‘Together with Pride’ cereal maker - which is on track to complete the split into Kellanova and WK Kellogg Co during Q42023 - has been accused of ‘woke’ workplace diversity policies that are unlawful and for ‘sexualising’...
The Kellogg’s-owned toaster pastry brand has signed a multi-year agreement with Florida Citrus Sports to become the latest title sponsor of college football, which holds the attendee record among bowl games.
