New Delhi, Ap. Kelloggs company is going to expand its business. Kellogg, the maker of Frosted Flakes, Rice Krispies and Eggos, is going to break away to form three new companies. Kelloggs Company will expand its business to focus on manufacturing cereals, snacks and plant-based food products. For which Kelloggs has decided to split the company. Let us tell you that the Corn Flakes of Kellogg Company is roaming around the world and snacks around the world. However, now Kellogg has decided to form a separate company for its different business.
The work of forming a new company will be completed by next year
Kelloggs is the owner of Morningstar Firm, a plant-based foot maker firm. In such a situation, the company said on Tuesday that a new company based on cereals and plant-based food will be formed under the new name, whose work will be completed by the end of next year.
Changes will happen in the headquarters of Kellogg’s company
As new companies are formed, the Kelloggs Company’s corporate headquarters will be moved from Battle Creek, Michigan to Chicago. But will continue to have dual headquarters in both the cities for its snacksk business. Snacks account for about 80 per cent of the company’s total sales. Kelloggs has three international headquarters in Europe, Latin America and AMEA, which will be located at their current locations.
Food producer company split in the year 2012
Let us tell you that before this, the work of forming three new companies, General Electric, IBM and Johnson & Johnson has started. But such a division is rarely seen in the field of food producers. The first such split was seen in 2012, when Kraft split to form Mondelez. However, the names of all three Kellogg’s companies will be known, it has not been disclosed at the moment.
Credit: www.jagran.com /