How Brexit impacts US food and beverage manufacturers

While the direct and immediate impact of Brexit — the United Kingdom's recent decision to leave the European Union — is greater overseas, food and beverage companies in the U.S. also face potential market ramifications. This is particularly true for companies whose sales are highly exposed to the euro, such as Mondelez (40% of sales tied to European exposure), Kellogg (20%), McCormick (14%), WhiteWave (14%), General Mills (10%), and Kraft Heinz (10%), according to a Credit Suisse report. http://www.fooddive.com/news/how-brexit-impacts-us-food-and-beverage-manufacturers/421580/