Mars Incorporated’s $35.9bn acquisition of Kellanova is set to shake up the snacking world

Mars Incorporated’s $35.9bn acquisition of Kellanova is set to shake up the snacking world

Mars, Incorporated, a family-owned global leader in pet care, snacking, and food, has entered into a definitive agreement to acquire Kellanova, a prominent player in global snacking, international cereals, and plant-based foods, for $35.9 billion. This strategic acquisition is not just a one-off deal but part of a broader trend of Mars’ aggressive expansion through […]

Kellogg’s cookies and fruit snacks businesses to be acquired by Ferrero

Kellogg’s cookies and fruit snacks businesses to be acquired by Ferrero

Food acquisition news : Italian confectionery giant Ferrero has agreed to acquire the cookie, fruit and fruit-flavored snack, ice cream cone and pie crust businesses of Kellogg’s for $1.3 billion. As per the deal, Ferrero will acquire a cookie portfolio that includes the Keebler cookies brand, Famous Amos cookies, family cookie brand Mother’s, and Murray […]