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Mars Inc. is an American multinational manufacturer of confectionery, pet food, and other food products and a provider of animal care services, with US$45 billion in annual sales in 2022; [7] that year Forbes ranked the company as the fourth-largest privately held company in the United States. [8]
Here, the second-richest U.S. family runs Mars Inc, maker of M&M's candies and Pedigree pet food, out of a nondescript building with no corporate logo or any other identifying signage.
The list excludes large privately held companies such as Cargill and Koch Industries whose financial data is not necessarily available to the public. However, this list does include several government-sponsored enterprises that were created by acts of Congress and later became publicly traded.
The Mars family is an American family that owns the confectionery company Mars Inc. In 1988, the family was ranked as the richest family in the United States of America by Fortune magazine. It has since been surpassed by the Walton family and the Koch family , and was ranked as the third richest family in America in 2016.
Kellanova (NYSE:K) shares are trading higher on Wednesday after Mars, Inc. agreed to acquire the company for $83.50 per share, valuing it at $35.9 billion, including assumed net leverage. The ...
Mars Inc. CEO Poul Weihrauch thinks he has the right strategy and he wants to help other business leaders replicate it. A little over a year into his role, annual revenue at the company has risen ...
In 2017, Mars purchased a minority stake in Kind. The deal valued the company at over $4 billion. That same year, sales reached $718.9 million. [13]In November 2020, Mars announced that it would increase its minority position to full ownership, in a deal worth $5 billion.
Less than a year after it was spun off by Kellogg Co., Chicago-based Kellanova is set to be acquired by Mars, the companies announced Wednesday. Mars will buy Kellanova in a deal worth nearly $36 ...