Fererro buying Kellogg

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I guess just more consolidation. Fererro bought Nestlé’s US candy business a few years ago.

A Ferrero acquisition of WK Kellogg adds to consolidation in packaged foods. Many American consumers have shunned sugary cereals in favor of breakfast options considered healthier, and other shoppers moved to private label brands after inflation spiked in recent years.​
The move deepens Ferrero’s ambitions in the U.S. market. The Italian family-owned company has been on a North American buying spree in recent years, snapping up Nestle’s U.S. candy business and Halo Top owner Wells Enterprises, among others.​
Ferrero, known for brands like Nutella and Butterfinger, is taking Michigan cereal giant WK Kellogg private in a deal valued at approximately $3.1 billion.​
The Ferrero Group will pay $23 for each Kellogg share. The transaction includes the manufacturing, marketing and distribution of Battle Creek-based WK Kellogg Co.’s portfolio of breakfast cereals across the United States, Canada and the Caribbean.​
 
I really could care less about Kellog as a brand, but that fact that more and more public companies can be so easily taken private simply confirms that we continue to be played by our central bank masters and all their liquidity injections. All the money is at the top.
 
They do seem to have a lot of junk food brands

https://www.ferrero.com/int/en/our-brands/all-brands

They have more than that, but I remember them for TicTacs.

They own the Ferrera Pan Candy Company, but kind of deny it other than saying they’re “affiliated”.

Ferrara boasts a passionate team of more than 8,000 employees creating and delivering hundreds of products sold under 30+ popular brands like Brach’s®, Jelly Belly®, NERDS®, SweeTARTS®, Laffy Taffy®, and Trolli® to more than 67 million U.S. households annually and popular Dori products under brands such as Dori, Gomets, Pettiz, and Yogurte 100 in Brazil. Ferrara has its global headquarters in Chicago and an operational network of more than 27 locations in North America, Brazil, China, and Thailand that includes manufacturing, distribution, sales, and R&D facilities. Ferrara is a privately held, Ferrero-related company.​
 
When I eat breakfast cereal, which is seldom, I usually eat a store brand. If a name brand, I prefer Post cereals.
Store brand mini wheats are really bad like cardboard. Like you I don't eat the stuff anymore but I did try them long ago...nasty
 
Woohoo, more glyphosate saturated corn, grain, and soy food products as well as seed oils! Long live boomer slop, long live diabeetus!
Diabetes is a scourge in every age group....Boomers didn't invent the food that caused it so Boomer slop is inaccurate. How many boomers were born in 1906?
 
Diabetes is a scourge in every age group....Boomers didn't invent the food that caused it so Boomer slop is inaccurate. How many boomers were born in 1906?

Forgive me but are you truly unaware of the fact that when boomers came of age (70's-80's) there was a huge shift in food production and processing towards making common food products addictive? A result and consequence of that food production was the depletion of nutrient content which thus compelled the consumption of greater amounts of (oftentimes addictive) foods to compensate? This all coincides with the uprise in the mass epidemic of type 2 diabetes development. To suggest otherwise is plain ignorance or denial of reality.

I quite literally watched my dad die last year because of this, not to mention countless other family members and friends who were aged as young as in their teenage years. There is an overwhelming mountain of evidence that supports what I have stated, it has become so bad that the offspring of these people are now dying in their young adult and middle age years in unprecedented numbers due to complications from engaging in similar habits.
 
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Forgive me but are you truly unaware of the fact that when boomers came of age (70's-80's) there was a huge shift in food production and processing towards making common food products addictive? A result and consequence of that food production was the depletion of nutrient content which thus compelled the consumption of greater amounts of (oftentimes addictive) foods to compensate? This all coincides with the uprise in the mass epidemic of type 2 diabetes development. To suggest otherwise is plain ignorance or denial of reality.

I quite literally watched my dad die last year because of this, not to mention countless other family members and friends who were aged as young as in their teenage years. There is an overwhelming mountain of evidence that supports what I have stated, it has become so bad that the offspring of these people are now dying in their young adult and middle age years in unprecedented numbers due to complications from engaging in similar habits.
So you blame a generation?

Doesn’t make sense - it makes more sense to blame the AHA and AMA.
 
Let's be honest, whoever own this brand is going to make the same cereals regardless. The reason many of these mergers happen in the world is because of money. Either the company pay dividends, share buybacks (the same really except owners pay capital gain tax if they cash out instead of income tax right away), or buy another company.

Fererro is a private business and they need a way to expand, instead of holding cash and deflate away. Either they are going to buy S&P500 or Kellogg, not a difference to me really.
 
Forgive me but are you truly unaware of the fact that when boomers came of age (70's-80's) there was a huge shift in food production and processing towards making common food products addictive? A result and consequence of that food production was the depletion of nutrient content which thus compelled the consumption of greater amounts of (oftentimes addictive) foods to compensate? This all coincides with the uprise in the mass epidemic of type 2 diabetes development. To suggest otherwise is plain ignorance or denial of reality.

I quite literally watched my dad die last year because of this, not to mention countless other family members and friends who were aged as young as in their teenage years. There is an overwhelming mountain of evidence that supports what I have stated, it has become so bad that the offspring of these people are now dying in their young adult and middle age years in unprecedented numbers due to complications from engaging in similar habits.

Food has gone like this over time when people pay less for more calories. I can say the same about chicken and pork. I remember they didn't taste that bad when I was a kid and now there are certain food I would no longer eat because they stink. You can blame the boomer but the only way to win is to not buy them (Costco chicken and almost all pork product in the US with boar taint).

Kellogg's cereal are probably the worst among the big 3: all sugar and no flavor. They can die and I won't miss it, and I won't buy it when Post is at least slightly better. I'm steering my kids to eat fruits and bread instead of sugary cereal as much as possible, and when eating cereal at least something with fiber like Cherrios.

I don't blame the Boomers. Gen X, Millenials, and Gen Z aren't any better with vaping and starbucks and all other addictive junks. Self control my friend, self control.
 
Diabetes is a scourge in every age group....Boomers didn't invent the food that caused it so Boomer slop is inaccurate. How many boomers were born in 1906?
Packaged food got big in the 1950's really. The ingredients might have been earlier.

Growing up I ate plenty of sugary cereal, Kraft Dinner and other slop. If I ate that now I would likely puke.

I do eat granola, sometimes with milk, sometimes yogurt. If you buy the big name brands of granola its full of slop also. Not sure how you can make granola bad for you, but they figured it out.
 
Food has gone like this over time when people pay less for more calories. I can say the same about chicken and pork. I remember they didn't taste that bad when I was a kid and now there are certain food I would no longer eat because they stink. You can blame the boomer but the only way to win is to not buy them (Costco chicken and almost all pork product in the US with boar taint).

Kellogg's cereal are probably the worst among the big 3: all sugar and no flavor. They can die and I won't miss it, and I won't buy it when Post is at least slightly better. I'm steering my kids to eat fruits and bread instead of sugary cereal as much as possible, and when eating cereal at least something with fiber like Cherrios.

I don't blame the Boomers. Gen X, Millenials, and Gen Z aren't any better with vaping and starbucks and all other addictive junks. Self control my friend, self control.
We control what we eat.
 
Forgive me but are you truly unaware of the fact that when boomers came of age (70's-80's) there was a huge shift in food production and processing towards making common food products addictive? A result and consequence of that food production was the depletion of nutrient content which thus compelled the consumption of greater amounts of (oftentimes addictive) foods to compensate? This all coincides with the uprise in the mass epidemic of type 2 diabetes development. To suggest otherwise is plain ignorance or denial of reality.

I quite literally watched my dad die last year because of this, not to mention countless other family members and friends who were aged as young as in their teenage years. There is an overwhelming mountain of evidence that supports what I have stated, it has become so bad that the offspring of these people are now dying in their young adult and middle age years in unprecedented numbers due to complications from engaging in similar habits.
I'm very familiar with all of that and the effects of diabetes and what it does to the human body. My sincere condolences to you for your loss.

Sugar and the like wasn't invented in the 70s and 80s and neither was Pop- soda . Fruit and fruit juices have been around forever and just as deadly as anything the so called Boomers invented....

Sure as time went on food colorings and many other toxins like plastics etc have taken its toll on our health but putting the blame on Boomers is irresponsible and incorrect.

Smoking and cancer has killed millions and I guess I could blame the native Americans but they aren't Boomers...

I had undiagnosed diabetes for over 10 years or so and complained to my doctors and they did nothing. Said I was ultra healthy.... by age 51 it took its toll and I have the scars to prove it but Boomers didn't do it to me. Maybe the government food group charts we got brainwashed with in the day were the blame instead with all of that healthy grains and fruits etc.
Balanced diet they called it.
 
I'm very familiar with all of that and the effects of diabetes and what it does to the human body. My sincere condolences to you for your loss.

Sugar and the like wasn't invented in the 70s and 80s and neither was Pop- soda . Fruit and fruit juices have been around forever and just as deadly as anything the so called Boomers invented....

Sure as time went on food colorings and many other toxins like plastics etc have taken its toll on our health but putting the blame on Boomers is irresponsible and incorrect.

Smoking and cancer has killed millions and I guess I could blame the native Americans but they aren't Boomers...

I had undiagnosed diabetes for over 10 years or so and complained to my doctors and they did nothing. Said I was ultra healthy.... by age 51 it took its toll and I have the scars to prove it but Boomers didn't do it to me. Maybe the government food group charts we got brainwashed with in the day were the blame instead with all of that healthy grains and fruits etc.
Balanced diet they called it.
The food pyramid. Period. Deadly
 
Food used to be more expensive, people used to eat less comfort food. I don't think people were any worse health conscious but as a portion of personal income we used to spend more on food so we don't eat the expensive things that were also unhealthy. Is it our fault to make it cheaper?

People couldn't afford to drink a $5 800 calorie Starbuck every other day in the past, but that's nothing in comparison to today's other cost of living like .... mortgage, health insurance, student loan, etc.
 
The thing I cannot figure out is most of Asia essentially lives on rice, yet for the most part there historically very healthy. I haven't found anything to explain this. White rice has plenty of carbs and starch which turns to glucose, so its functionally no better than grain as best I can tell.
 
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