Mars buys Pringles owner for $54 billion in mega snack deal
Mars has agreed to take over the Pringles maker for nearly $36 billion ($54.3 billion), bringing together two major food companies in the biggest deal of the year.
Mars has agreed to take over the Pringles maker for nearly $36 billion ($54.3 billion), bringing together two major food companies in the biggest deal of the year.
Mars, whose brands include M&M's, Snickers and Skittles, is buying food maker Kellanova in a deal worth nearly $30 billion ($45 billion Australian dollars), giving it access to a huge portfolio of consumer brands from Cheez-It to Pop-Tarts. Kellanova was created in 2023 by splitting Kellogg Co. into three companies.