Kellogg Company to separate into three independent businesses
date:Jun 24, 2022
n breakfast;
North America Cereal Co., with about $2.4 billion in net sales, will be a cereal company in the U.S., Canada, and Caribbean; and
Plant Co., with about $340 million in net sales, will be a plant-based foods company, anchored by the MorningStar Farms brand.
Kellogg has been on a successful journey of transformation to enhance performance and increase long-term shareowner value. This has included re-shaping our portfolio, and todays announcement is the next step in that transformation,
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