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Kellogg Breakup Puts Focus on Packaged-Food Conglomerates

Kellogg plan to spin off its cereal and plant-based meals companies is renewing focus on company breakups within the U.S. meals business.

Campbell Soup General Mills and different meals makers for years have constructed out their baskets of manufacturers, buying newer, trend-aligned merchandise and pushing into different grocery store segments, equivalent to pet meals. Those acquisitions have introduced new development to meals firms, whereas the stalwart manufacturers that constructed the businesses have in some circumstances stagnated or shrunk, dragging on the overall business, analysts mentioned.

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