Tag: Kellogg’s

Sonae acquires Gosh! Food owner for US$89m as Kellogg spends $45m in supply chain optimization

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UK – Sonae Food4Future, a subsidiary of Portugal-based Sonae, is expanding its international footprint with the acquisition of Claybell, the owner of vegan and free-from brand Gosh! Food.   According to a report by FoodBev, Sonae spent around £64 million (about US$89 million) for a 95.4% stake in the UK food company.   UK-based Gosh! Food portfolio includes a range of vegan and free-from products, including bites, sausages, and burgers, both sold through the Gosh! Brand.  The company is also a private label partner to customers in the retail and foodservice channels. For the…

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Tate & Lyle partners Kellogg’s to offer free online course on benefits of dietary fibre

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LATIN AMERICA – Tate & Lyle PLC is partnering with the Nutrition and Health Institute of Kellogg Co. (INSK) to share the latest science on dietary fibers with health clinicians, nutritionists, and food and beverage industry professionals across Mexico, Colombia, Chile and Argentina.  As part of the partnership, the companies are offering an online curriculum titled “Dietary fibers: benefits that go beyond gut health.”   The program will run from August 16 to December 31 and features 12, 20-minute video lessons in Spanish led by nutritionists and food scientists from different countries across Latin America.  A…

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Kellogg’s net sales grow in Q2 as Treehouse suffers from decreased demand for private label

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USA – American multinational food manufacturing company Kellogg Company has reported a strong second-quarter boosted by increased sales in emerging markets.   Reported net sales for the quarter were up 2.6% year-on-year to US$3.56 billion, reflecting favorable foreign currency translation.  Emerging markets were the start performers for Kellogg in Q2 with Kellogg Asia Pacific, Middle East, and Africa delivering the strongest growth in net sales.  According to the financial release, sales in this region were up 23%  – driving a 24% reported net sales increase.   Growth was broad-based across the region, with Kellogg’s Multipro business in Nigeria…

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Kellogg’s helps more than 440,000 farmers adopt sustainable farming practices

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US – American multinational food manufacturing company Kellogg has through its Origins program helped more than 440,000 farmers in 29 countries to adopt sustainable farming practices. According to a statement from Kellogg’s, the program has helped communities restore agricultural ecosystems in regions where Kellogg sources by using nature-based systems to boost farm productivity. In the Origins Spain project, 68 farmers managing over 12,000 acres are reported to partner with Kellogg and the Institute of Agrifood Research and Technology to address challenges with soil salinity and crop pests in rice. The…

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Kellogg Tolaram Nigeria launches new-improved breakfast cereal Kellogg’s Cornflakes

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NIGERIA – Kellogg-Tolaram Nigeria, the leading snacks and breakfast foods operator in Nigeria has unveiled the newly improved Kellogg’s Cornflakes in the market. Being a healthy alternative breakfast option, the new offering has a unique taste and crunchiness, a testament to its freshness. According to the company, it is fortified with essential vitamins to include: vitamins A, B2, B3, B6, B9, B12, C and D, as well as a modest amount of energy, matching with global quality standards. It also has less fat and no cholesterol, making it not only…

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Kellogg Europe invests US$168m in expanding snack manufacturing capacity to meet rising demand

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EUROPE – Kellogg Europe has invested US$168.5 million in expanding manufacturing capacity of its snack brand Pringles to meet rising demand for snacks in Europe. Of the total investment, US$132 million was used to install a new production line at Kellogg Europe’s Kutno, Poland plant that has already been opened and is fully operational. According to Kellogg, the new line is sustainably designed, reducing requirement for heating and other infrastructure in the factory. It also highly efficient, minimizing chances of food waste. Kellogg Europe said that the remaining US$36 million…

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Kellogg raises full-year outlook as following strong growth in Q1

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US – American multinational food manufacturing company, Kellogg is upbeat about its full-year results after experiencing every successful first quarter. The company recorded a 5.1% net sales increase in the first quarter, following a strong performance by its cereals range and Pringles brand, particularly in Europe and the AMEA region. The company posted net sales of US$3.58 billion for the quarter, compared to US$3.41 billion the same time last year; witnessing strong growth across all regions and global categories.  The owner of Crunchy Nut and Frosted Flakes revealed that its…

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Kellogg, Tyson make new investments in capacity expansion

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BELGIUM – Kellogg, an American multinational food manufacturing company, has announced a €30 million (about US$36 million) investment in its Pringles plant in Mechelen, Belgium, to boost sustainability and throughput. The facility – which is one of two Pringles plants in Europe – ships cans of the brand’s potato chips to more than 40 countries across the continent, North Africa and the Middle East. Kellogg says that the US$36million investment will be used to upgrade production lines with a new fryer to increase throughput. Additionally, the company plans to install…

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Kellogg to shut down two production lines in Ohio even as it launches a new cheese-flavoured popcorn snack

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US – The Kellogg Company has announced plans to shut down two production lines at its Mariemont, Ohio, plant, in a bid to strengthen its salty snacks business. “While this would be the right thing to do for the business, it is never an easy decision to make when people are impacted,” Kellogg Spokesperson, Kris Bahner said. Bahner added that when the planned changes are complete, the Ohio plant will continue to produce a number of Kellogg cracker brands. The company will meanwhile add a new line and reconfigure another…

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Kellogg posts 25.7% rise in full year profits even as it projects slowed demand in 2021

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US – The Kellogg Company enjoyed a unusually strong, Covid-related growth in 2020, resulting in 25% rise in full year operating profits. The company’s profits for the year amounted to US$1.76 billion, a strong appreciation compared to the 17.8% drop recorded in Kellogg’s last set of full-year results. The American multinational food company has however forecasted a decrease in organic net sales for 2021, as demand declines relative to the “unusually strong, Covid-related growth” of the prior year. The company recorded 6% growth in organic net sales in its 2020…

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