WSJ: Food Sales Have Cooled, But AlixPartners Says Industry Appetite For Deals Healthy Amid America’s Snack Binge

Mars’s $30 billion deal for Kellanova is a marriage made in snack food heaven, as well as a harbinger of more potential M&A in the industry. Randy Burt, a partner and managing director in AlixPartners’ Consumer Products practice, says consumers are driving the trend as they eat fewer sit-down meals due to changing snacking habits.

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