Kellogg will split itself into three separate food companies (JKellogg’s/PA)
(Picture: PA Media)FMCG giant Kellogg that owns brands from Rice Crispies to Pop Tarts is to separate into three independent companies, by spinning off its US, Canadian, and Caribbean cereal and plant-based businesses, which collectively represented approximately 20% of its net sales last year.
The spinoff of the yet-to-be-named cereal and plant-based foods companies is expected be completed by the end of next year. It will include the MorningStar Farms range of goods which is one of America’s most famous names in vegan and meat-free products.
