The current cycle of big food companies splitting up, getting together, and finding new ways to reach customers has the industry contemplating its future.

U.S. sales of the colorfully packaged morning staple have been in a decades-long decline, a trend back in the spotlight with ...

Here’s what’s amazing, though, people now think these brands have no value, but you know what? That’s what they said about WK ...

On the CPG Week podcast, Nosh managing editor Monica Watrous and senior reporter Brad Avery discuss an unusual new product launch and continued consolidation among packaged food conglomerates. Then, ...

The article Parsippany-Based Sweets Company To Acquire Cereal Giant In $3B Deal appeared first on Parsippany Patch.

As traditional breakfast cereals face declining sales and shifting consumer habits, Ferrero’s acquisition of WK Kellogg ...

Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...

Nutella spread maker Ferrero, armed with experience in health-regulated European markets and a track record of revamping ...

Private equity work is up year-over-year, but tariffs, inflation and valuations continue to be an issue for dealmakers.

Italian confectioner Ferrero, known for brands like Nutella and Kinder, is buying the century-old U.S. cereal company WK Kellogg in a deal valued at approximately $3.1 billion ...

A “strategic transaction” proposition put forward by Kraft Heinz in May could well be about to emerge with a timely spin-off of assets.

Italian food giant the Ferrero Group, with its North American headquarters in Parsippany, will buy WK Kellogg and its "iconic" line of cereals.