Considering that the global chocolate market is forecasted to reach $139.94 billion by 2024, consider taking a bite out of this giant. But if you want to take a bite of Mars candy stock, you won’t be able to. Mars has been a privately held company since its founding in 1883. Howeve...
Privately held candy giant Mars has agreed to acquire snacking company Kellanova (K) for $30 billion in cash. Mars is paying $83.50 per share to buy the Pringles and Cheez-It maker and assuming about $6 billion in debt. K shares are up 7% in pre-market trading, as of writing. Don'...
The article profiles candy and food products company Mars, which was ranked number 95 in the publication's 2013 "100 Best Companies to Work For" list. It notes the company is family-owned and privately held, saying this allows it to adopt po...
candy market, an honor which passes between them. Mars took over the top spot in the early 1970s and by late in the decade had pushed its market share 14 percentage points ahead of Hershey. According to an industry executive quoted in Fortune, "it took the Hershey people seven or eight ...
Hershey and Mars are engaged in a brutal, back-and-forth battle to be No. 1 in the $8-billion-a-year U.S. candy market. Mars deposed Hershey as candy king in the early 1970s, and by the end of the decade had pushed its market share 14 percentage points ahead of its rival’s....
Published first on TheFly –the ultimate source for real-time, market-moving breaking financial news. Try Now>> See the top stocks recommended by analysts >> Read More on K: M&A News: Candy Maker Mars Nearing Kellanova (NYSE:K) Acquisition Kellanova upgraded to Buy at BofA with momentum...
Despite its unorthodox corporate culture, the Mars company has thrived. Hershey Foods Corp. and Mars, Inc. have historically fought a battle to hold the number one spot in the U.S. candy market, an honor which passes between them. Mars took over the top spot in the early 1970s and by...
Per capita consumption of candy in the U.S. is high–about eighteen pounds a year–and the chief candy-buying part of the total population, children and teen-agers, has been growing rapidly. But the candymakers have had to fight hard to keep their good name–and market. The National ...
After 12 years in business, Litvak disbanded the line due to the lack of a “business foundation” at her company. “I had the vision for (Mars + Love) as soon as I closed my last company 10 years ago,” she said. “The name came to me then as well.” ...
“When we go to market with our creative and our narrative, we make sure that we are always showing our actual associates and their real stories,” Woods says. They never use stock imagery: every employee you see in a picture from Mars Creative is an actual associate of Mars, Inc., and...