Is Pringles owned by Kellogg’s?

Pringles is an American brand of stackable potato-based chips invented by Procter & Gamble (P&G) in 1968 and marketed as "Pringle's Newfangled Potato Chips". The brand was sold in 2012 to Kellogg's. As of 2011, Pringles were sold in more than 140 countries.

Kellogg decided to purchase Pringles to complement its growing snacks division, which already include Keebler, Cheez-it, and Special K crackers. The acquisition more than doubles Kellogg snacks' presence abroad, Citi analyst David Driscoll wrote in a note to investors.

Kellogg also owns Cheez-It crackers. In addition to its sodas, the company's Frito-Lay business includes Lay's Doritos, Tostitos, Cheetos, Ruffles and Sun Chips.

Kellogg decided to purchase Pringles to complement its growing snacks division, which already include Keebler, Cheez-it, and Special K crackers. The acquisition more than doubles Kellogg snacks' presence abroad, Citi analyst David Driscoll wrote in a note to investors.

On May 31, 2012, Kellogg's officially acquired Pringles for $2.695 billion as part of a plan to grow its international snacks business. The acquisition of Pringles makes Kellogg the second-largest snack company in the world.

(Reuters) - Kellogg Co K.N agreed to buy Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc PEP. N in the global snack food market. The transaction also marks the final exit of household products maker Procter & Gamble Co PG.

The Kellogg Foundation and institutional investors own Kellogg. The largest shareholder of Kellogg is the Kellogg Foundation. This independent philanthropic organization established in 1930 owns 22% of the total shares in Kellogg.

The federal government actually stepped in to determine whether Pringles really were potato chips. In 1975, the FDA decided that the company could call Pringles “chips” only if they called out the dried potato ingredient. Instead, Pringles decided to use the term “crisps.”

Kellogg also owns Cheez-It crackers. In addition to its sodas, the company's Frito-Lay business includes Lay's Doritos, Tostitos, Cheetos, Ruffles and Sun Chips. PepsiCo also has a big stake in the breakfast market.

From today, breakfast food giant Kellogg's will go by the new name of Kellanova as part of a drive into the snacks sector to sell more on-the-go products in Australia. There will be no obvious changes for consumers, with all the company's popular cereals retaining the Kellogg's logo.

Kellogg opened the “Battle Creek Toasted Corn Flake Company” in Battle Creek, Michigan, in the United States of America, and hired his first 44 employees. Together they created the initial batch of Kellogg's Corn Flakes and brought life to W. K's vision for great-tasting, better for you breakfast foods.

Kellogg's snacking unit, which includes Cheez-It and Pringles, gets a new name: Kellanova.

The brand was sold in 2012 to Kellogg's. As of 2011, Pringles were sold in more than 140 countries. In 2012, Pringles were the fourth most popular snack brand after Lay's, Doritos and Cheetos (all manufactured by Frito-Lay), with 2.2% market share globally.

As of Monday, US-based Kellogg's has changed its name to Kellanova, with its cereal business spun out into WK Kellogg Co, a new entity also listed on the New York Stock Exchange.

Because Pringles aren't actually made with real potato—the recipe calls for dehydrated processed potato—the FDA ruled in 1975 that Pringles could only be called "chips" if they provided a disclaimer, identifying them as "potato chips made from dried potatoes." Pringles scrapped that idea and renamed them potato "crisps ...

Pringle's are an excellent example of a manufactured good that is priced according to market value. The cost of production is (almost) entirely irrelevant. The combination of perceived product quality and marketing generated demand allows the company to set a premium price that customers are freely willing to pay.

Pringles isn't high on the list of what we consider healthy chips, but their reduced-fat version is a welcome alternative. It contains fewer calories, fat, and sodium than the original recipe, but keeps the same amount of carbs and seasoning.

While Pringles was a revenue-driver for P&G, bringing in about $1.5 billion a year in sales, it was the company's only remaining food business and no longer fit in with P&G's focus on items such as beauty and personal care products.

Are Pringles® baked or fried? All Pringles® potato crisps are fried, not baked.

You will probably get a bit bloated, since that is a lot of sodium to consume all at once. But, assuming you don't do it every day, you should have no long term effects.

The Kellogg Company is best known for its breakfast foods and cereals, such as Frosted Flakes, Froot Loops, and Rice Krispies. The first of these is especially popular and about 31 percent of the U.S. cereal consumers ate Frosted Flakes in the past year.

(Reuters) - Kellogg Co K.N agreed to buy Pringles potato chips for $2.7 billion in a cash deal that makes the cereal company second only to PepsiCo Inc PEP. N in the global snack food market. The transaction also marks the final exit of household products maker Procter & Gamble Co PG.

Kellogg's Comment on Sales, Marketing and Customers

Customers. Our largest customer is Wal-Mart Stores, Inc. and its affiliates.

W. K. Kellogg opened the “Battle Creek Toasted Corn Flake Company” in Battle Creek, Michigan, in the United States of America, and hired his first 44 employees. Together they created the initial batch of Kellogg's Corn Flakes and brought life to W. K's vision for great-tasting, better for you breakfast foods.

Cereal accounted for another $2.4 billion in sales last year while plant-based sales totaled around $340 million. In a conference call with investors, CEO Steve Cahillane said separating the businesses will make them more nimble and better able to focus on their own products.