Mars’ Acquisition of Kellanova Delayed Due to EU Investigation Mars’ $36 billion cash takeover of Pringles maker Kellanova will be delayed after the European Union announced an in-depth investigation into the merger. Mars now expects the deal to close toward…
Tag:
Kellanova
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Dive Brief: The Chief Financial Officer (CFO) of Kellanova, previously known as Kellogg Company, has resigned to join consumer health firm Kenvue as their top financial executive effective May 12, according to filings from both companies. Amit Banati, aged 56,…
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Food News
Leftovers: Kellanova serves up salty-sweet Rice Krispies Treats | Sargento partners with Mondelēz and McCormick on cheesy collab
Leftovers is our roundup of interesting product ideas making waves in the market. From innovative snacks to unique collaborations, here are some highlights from our inbox. Kellanova introduces a savory twist to Rice Krispies Treats Indulge in the popular sweet…
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Food News
Leftovers: Kellanova scoops up Eggo, Rice Krispies Treats desserts | Cincinatti companies bring chili flavor to ice cream
Welcome to our product spotlight, where we showcase some of the latest and most intriguing product ideas making waves in the market. From innovative flavors to unexpected collaborations, we’ve got a little bit of everything for you. Here are some…
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Kellanova is optimistic about its outlook for 2025 following a strong performance in its most recent quarter, fueled by increased demand for its snack products. The company, known for its Pringles brand and set to be acquired by Mars for…
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Latest News: Kellanova is introducing new flavors to its cracker lineup. Cheez-It is launching Smoked Cheddar and Smoked Gouda varieties, inspired by the popular TikTok trend of adding smoky seasonings to snacks. Club Crackers is also unveiling two new flavors:…
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Mars is set to acquire Pringles maker Kellanova for $36 billion, a move that will position the candy giant as a major player in the snacking industry. This acquisition will give Mars a competitive edge in the market, allowing it…
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Key Points: Kellanova reported a 4% increase in organic net sales year-over-year in its latest quarter, with a 5% decrease in net sales attributed to currency issues and the divestiture of its Russian business. CEO Steve Cahillane highlighted Pringles as…
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Kellanova’s Strategic Move to Elevate Pringles Brand In a bold move in 2022, Kellanova decided to spin off its cereal division and put its focus on enhancing its snacking brands to compete with industry giants like Mondelēz International and PepsiCo’s…