Kellanova completed the demerger of its North American cereal and plant-based foods businesses.

Kellanova, a producer of cereal and a producer of convenience foods, completed the demerger of its North American cereal and plant-based foods businesses. Financial terms were not disclosed. "With the completion of the separation, Kellanova has entered a new era with a new name and a new ambition. We are starting from a position of strength that is rooted in a century-old legacy as we embark on a journey to achieve our vision of becoming the world's best performing snacks-led powerhouse," Steve Cahillane, Kellanova Chairman and CEO.