Mars buying Kellanova in $30 billion deal to expand reach into salty…

Team S · 2024-08-20T08:11:08.000Z

M&M’s maker Mars is buying Kellanova, the maker of Cheez-Its and Pop-Tarts for nearly $30 billion, vastly expanding the number of household-name brands under one roof. Kellanova was created last year when the Kellogg Co. split into three companies. Kellanova sells many of the former company’s most profitable brands, including Pringles, Eggo, Town House, MorningStar Farms and Rice Krispies Treats. It had net sales of more than $13 billion last year and has approximately 23,000 employees. https://fortune.com/2024/08/14/mars-kellanova-deal/

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Mars buying Kellanova in $30 billion deal to expand reach into salty… | SEINET