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Ferrero, Kellogg, and the Return of the Breakup-Merger Cycle

Ferrero, Kellogg, and the Return of the Breakup-Merger Cycle

Wharton Management Professor analyzes how recent acquisitions mirror a broader pattern of strategic separations and recombinations in the consumer goods industry.

This Week in Business · Wharton Podcast Network

August 1, 202510m 36s

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Show Notes

Emilie Feldman, Wharton Professor of Management, explores how recent M&A activity—such as Ferrero’s acquisition of WK Kellogg—reflects a recurring trend where companies separate high-and low-growth assets only to later reintegrate them, drawing parallels to past moves by Kraft, Heinz, and other consumer goods giants.










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