Made O'Meter
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Kellogg's, originally founded as the Battle Creek Toasted Corn Flake Company in 1906, is a renowned American multinational food manufacturing company. In October 2023, the company restructured into two independent entities: WK Kellogg Co, which retained the North American cereal business, and Kellanova, which encompasses the global snacking and international cereal divisions. Kellanova, headquartered in Chicago, Illinois, owns a diverse portfolio of brands, including Pringles, Cheez-It, Pop-Tarts, and Rice Krispies Treats, among others. The restructuring aimed to enhance operational focus and agility in their respective markets. As of August 2024, Mars, Inc., a family-owned packaged food giant, is exploring the potential acquisition of Kellanova, which would be one of the largest in the sector. This move underscores the dynamic nature of the food industry and the strategic importance of snack and cereal brands. (reuters.com)
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