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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Kellanova
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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…
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