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Food & Beverage
Mars chief hits out at ‘nonsense’ attacks on corporate ESG
...Companies’ environmental and social goals had become politicised, he said, but “quality companies are deeply invested in this and if I walk out of this office and I take a 25-year-old associate that has...
March 19, 2023
Mars Inc
Mars reveals bigger revenues than Coca-Cola as it appoints new chief executive
...Poul Weihrauch, who currently runs Mars Petcare, will take over as chief executive at the end of September, the company announced on Wednesday, with Reid retiring at the end of the year....
June 22, 2022
FT Live
Due Diligence Live
Where leaders in investment and finance meet
Tuesday, 8 OctoberLondon, UK
News in-depthMars Inc
Mars joins push into premium with Hotel Chocolat deal
...Companies that focus their marketing around sustainable sourcing have grown rapidly....
November 20, 2023
FT SeriesLeading in a crisis
Mars’ outgoing CEO on succession, family businesses and eating his own dog food
...The diversification that has taken petcare to almost 60 per cent of group sales was not a response to the world turning against sugar, Reid insists....
September 29, 2022
FT CollectionsData rich: the numbers behind corporate news
Investors beat retreat from pandemic-era trends
...When Bark, Inc — then called The Original Bark Company — made its stock market debut via a $1.6bn merger with a blank-cheque company in June, its shares popped 7.5 per cent and its chief executive was bullish...
January 7, 2022
Coty Inc
Coty chief vows this time it is different
...It is now seeking to raise $5bn to expand in petcare after securing almost $18bn from wealthy institutions, family offices, and universities since 2014. The task will not be easy....
November 7, 2021
FT Live
Future of Retail
Securing long-term business growth with technology innovation
Tuesday, 17 SeptemberLondon, UK
Mars Inc
Mars family accused of ‘vindictive’ targeting of departing executive
...The US company, which makes products from Mars and Snickers bars to Dolmio pasta sauces and Pedigree dog food, sued Luxembourg-based JAB in May, alleging that Mr Szarzynski had downloaded more than 6,000...
August 28, 2020
Due Diligence
A former JPMorgan banker marches toward Jamie Dimon’s throne Premium content
...(NYT) News round-up Vet group IVC Evidensia considers London listing amid petcare boom (FT) BA to launch coronavirus tests on some transatlantic flights (FT) Insurer RSA accepts £7.2bn bid from Intact...
November 19, 2020
Mars Inc
Mars sues Pret and Panera-owner JAB over ‘stolen’ trade secrets
...Mars has sued rival JAB Holdings over claims a former executive stole thousands of secret company documents and passed them to the owner of Pret A Manger and Panera Bread, sparking a rare public battle between...
May 21, 2020
Due Diligence
Food fight: Mars accuses rival JAB of stealing trade secrets Premium content
...In the complaint, Mars said Szarzynski had downloaded “a broad range of confidential and proprietary Mars documents” relating to petcare, food and the overall Mars business....
May 22, 2020
JAB Holdings Ltd
JAB makes second US vet chain purchase
...JAB’s latest purchase comes as people spend more on petcare globally....
June 17, 2019
The Top LineTom Braithwaite
US companies have a political donation problem
...Now donors to Mr King, from Intel to Purina Petcare, have cut off financial support....
November 2, 2018
US & Canadian companies
Mars makes $9.1bn bet on growing US pet market
...Aside from its pet food brands, which include Iams, and Banfield pet hospitals, Mars owns companies that provide DNA testing and GPS tracking for pets....
January 9, 2017
News in-depthRetail & Consumer industry
Nestlé’s new chief faces challenge of brewing US coffee war
...“Companies with greater exposure to the fast-growing US coffee pods market outperformed the global hot drinks market in 2015,” the market research company reported....
December 28, 2016
Retail & Consumer industry
Craft producers of gourmet delicacies stalk Big Pet Food
...Its takeover by a multinational provoked online fury from fans of the natural and organic company, founded at a Texas family ranch. Larger companies are getting in on the act....
March 14, 2016
FT Live
Global Private Banking Awards 2024
Celebrating excellence in wealth management
Thursday, 7 NovemberThe Landmark London, London, UK
Inside BusinessTony Barber
Spectre of deflation returns to haunt Europe’s food groups
...The value of investing in scientific research is evident at Nestlé’s petcare division, which contributes about 12 per cent of group sales....
March 2, 2016
Retail & Consumer industry
How to invest in petcare
...Pets at Home In the UK, where petcare was worth an estimated £5.4bn in 2012, the retail market is dominated by one company, Pets at Home, whose public listing in March has been one of the year’s least successful...
November 28, 2014
FT AlphavilleMergers & Acquisitions
Valiant Valeant
...Looking at the reported earnings provides little clue to how this has become a company with a $42bn market capitalisation....
June 9, 2014

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