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 (Jul 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 made a total of 28 acquisitions. These investments span 9 sectors, including Pet Care Products, Food & Beverage Products, and Food Processing, across 9 countries, with the most activity in United States, United Kingdom, and India. Peak acquisition activity occurred in 2018, 2022, and 2023, with 3 acquisitions each. From 2020 through 2025, the average number of acquisitions per year is 1.8, and 0 acquisitions have been completed during the current calendar year. The most recent acquisition is Kellanova, a Chicago-based manufacturer of cereals, noodles, breakfast, and plant-based food products, founded in 2023 and acquired in August 2024.

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	nbrn	jbfh	38	704
Nov 17, 2023	Hotel Chocolat	xrux	wlee	91	451
Jul 05, 2023	Kevin's Natural Foods	dqag	pzlj	72	659
Apr 03, 2023	Heska	spqm	wrzk	28	156
Dec 19, 2022	Tru Fru	jrir	gwwd	42	615