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...Mars bought VCA, an operator of veterinary clinics, for $9.1bn in 2017 and acquired Wrigley’s chewing gum for $23bn in 2008 but its recent purchases have been smaller....
...Hotel Chocolat’s acquisition last week by Mars handed a sweet payout of £280mn to the UK boutique chain’s founders. It also filled a hole in the family-owned US confectionery giant’s brand mix....
...The owner of confectionery group Mars has agreed a deal to buy upmarket chocolatier Hotel Chocolat in a cash offer that values the company at around £534mn on a fully diluted basis....
...Pet food and confectionery giant Mars has announced it will buy ailing UK chocolate business Hotel Chocolat in a deal worth about £534mn, with a payday of about £280mn for the latter’s founders....
...Mars also hinted at the faster growth in pet care that had led it to hand the reins to that division’s head at a time when a shift to healthier snacking has led to lacklustre growth in global confectionery...
...Jean-Christophe Flatin, a Mars employee of 30 years who most recently served as president for science, innovation and technology at the confectionery group, will join Oatly at the start of June....
...The US confectionery group is paying a 160 per cent premium for Hotel Chocolat shares. Its backing will provide the recipe for international growth....
...The sweet deal that has London buzzing The UK chocolate business Hotel Chocolat has proved a target too sweet to resist for the pet food and confectionery giant Mars....
...But should the company see the appointment of its former petcare chief as bad news for the Mars Bar and Wrigley?...
...Blas Maquivar, head of global emerging markets at Mars Wrigley, the company’s snacks division, said the comparable figure in emerging markets is just 500g, with people in Kenya and Nigeria eating as little...
...Why might a business such as Mars create a division dedicated to this region Identify and explain two methods that Mars might employ to “convince people to eat more confectionery” Carry out some research...
...But in a confectionery market such as Kenya, where current chocolate consumption is around 200g, it is one thing to hit Mars’ desired goal of bringing that level up to 500g, but much more challenging to...
...The International Sweeteners Association, which represents companies heavily exposed to sweeteners such as PepsiCo, Tate & Lyle, Cargill and Mars Wrigley, says: “At a time when obesity and non-communicable...
...It retained Sony PlayStation, Tesco and Mars Wrigley, but lost the L’Oréal US media and PepsiCo accounts. WPP said it was raising its final dividend by 30.5 per cent to 24.4p a share....
...Brands from Ugg, the apparel line, to Mars Wrigley’s rainbow-coloured candy Skittles have gone ahead with Pride campaigns, while organisations from Deloitte to Major League Baseball issued Pride month messages...
...Pressed on how Mars can keep selling more chocolate without worsening the obesity crisis, he parries that confectionery accounts for under 2 per cent of the calories people consume....
...Being a private, family-owned business has served Mars well, allowing it not only to survive for 111 years but to expand from consumer brands like Wrigley’s gum and Pedigree pet food to services like the...
...Mars, the world’s largest confectionery maker, is aiming to double its sales in developing countries with new products such as a bacon Snickers in Brazil....
...In 2008 Mars pulled off a $23bn takeover of chewing gum maker Wrigley, getting $4.4bn of its financing from another billionaire, Warren Buffett....
...Yet companies such as French dairy manufacturer Danone, the world’s largest food manufacturer Nestlé, confectionery and pet foodmaker Mars, and US-listed tobacco group Philip Morris have taken measures such...
...Consumers who grew up with Nestlé’s Smarties confectionery often have fond memories of popping plastic caps off the tubes of sugar-coated chocolate beans....
...Mars Wrigley, the Snickers manufacturer that has a direct sponsorship deal with the Beijing Olympics, also declined to comment....
...Human rights groups have taken particular aim at Mars because the US food company’s Snickers confectionery division is one of two non-Chinese companies with a sponsorship deal specifically with Beijing,...
...Mars said it “categorically” denied the accusations. “We were the first major manufacturer to support the LID....
...Olivier Goudet, managing partner, joined in 2012 from Mars where he was chief financial officer and was heavily involved in some of the US food group’s biggest deals, including its $23bn acquisition of Wrigley...
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