Kellogg Company to split into three firms

Kellogg’s Frosted Flakes cereal at a Costco Warehouse in Homestead, Pennsylvania (Gene J Puskar/AP)

Kellogg Company, the maker of Frosted Flakes, Rice Krispies and Eggo, will split into three companies focused on cereals, snacks and plant-based foods.

Kellogg’s, which also owns MorningStar Farms, the plant-based food maker, said the spin-off of the yet-to-be-named cereal and plant-based food companies should be completed by the end of next year.