How many acquisitions has Mars made so far?

Mars has completed 28 acquisitions so far, with an average acquisition amount of $3.97B.

Which countries does Mars usually acquire in?

Mars has made acquisitions in 9 countries with the most activity in United States and United Kingdom.

Which sectors does Mars target for acquisitions?

Most of Mars's acquisitions are in Pet Care Products (6) and Food & Beverage Products (5).

In which year did Mars make the most acquisitions?

Mars was most active in 2023, with 3 acquisitions completed in that year.

List of 28 Acquisitions by Mars (Apr 2026)

Q: Which is Mars' latest acquisition?

Mars's most recent acquisition is Kellanova, a Manufacturer of cereals, noodles, breakfast, plant based food products, and other products, acquired in August 2024.

Mars has completed a total of 28 acquisitions to date. Peak acquisition years include 2023, 2022, and 2018, each seeing 3 acquisitions. Acquisition activity spans 9 countries, with 18 acquisitions in United States, 3 in United Kingdom, and 1 in India. Acquisition activity also spans 9 distinct sectors, with the highest activity in Pet Care Products (6 acquisitions), Food & Beverage Products (5), and Food Processing (3). Over the last 5 years, from 2020 to 2025, the average number of acquisitions per year has been 1.8. In the current calendar year, 0 acquisitions have been completed so far. The most recent acquisition was Kellanova, completed in August 2024. Founded in 2023 and based in Chicago, Kellanova manufactures cereals, noodles, breakfast, plant based food products, and other products.

Here's the year on year acquisition history of Mars:

Number of Total Acquisitions

Year	# Acquisitions
2024	1
2023	3
2022	3
2021	2
2019	2
2018	3
2017	3
2016	2
2015	3
2014	3
2008	1
2006	1
2001	1

View all Acquisitions by Mars

Recent acquisitions by Mars

Mars's most recent acquisition - Kellanova is a Manufacturer of cereals, noodles, breakfast, plant based food products, and other products, founded in 2023 and located in Chicago. Mars acquired a 100% stake in it in August 2024 for a price of $*****.

Here is the list of all acquisitions by Mars sorted by the latest acquisition date:

Acquired on	Acquired Company	Acquisition Price	Facilitators	Stake Acquired	Acquisition Multiple
Aug 05, 2024	Kellanova	unxz	xlyr	33	759
Nov 17, 2023	Hotel Chocolat	ilce	zpry	56	974
Jul 05, 2023	Kevin's Natural Foods	riub	awpx	53	661
Apr 03, 2023	Heska	hlob	jbsk	23	429
Dec 19, 2022	Tru Fru	rwso	hipq	96	597