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Mars Acquires Kellanova in a Sweet Deal 🍬 ! Mars, the confectionary giant, has acquired Kellanova, the maker of iconic brands like Pringles, Pop-Tarts, and Cheez-It, for a whopping $35.9 billion! This strategic move expands Mars' snacking empire, adding salty snacks and crackers to their candy and chocolate portfolio. Additionally, Kellanova's strong presence in Africa and Latin America expands Mars' reach. Key Details 🔍 : - Mars will pay $83.50 per share, a 69% premium over Kellanova's recent stock price. - The deal strengthens Mars' snacking dominance, despite concerns about health-conscious consumer trends. - Regulatory hurdles are expected, as the Biden administration scrutinizes large mergers. The deal marks a significant expansion for Mars, solidifying its position as a global snacking leader. With a combined portfolio of M&M's, Snickers, and now Pringles and Pop-Tarts, Mars is poised to dominate the snack aisle. #Mars #Kellanova #acquisition #snacks #foodindustry #business

2024’s biggest deal (so far) Dealmaking continues to heat up this summer with 2024’s largest transaction announced last week. 🔝🤝 Highlights to note: 📌Food giant Mars is set to acquire Kellanova for US 36 billion in a deal that is expected to significantly impact the consumer-packaged goods industry. With both companies owning iconic billion-dollar brands, the transaction has the power to redefine the global competitive landscape and drive major shifts in consumer and market dynamics. Kellanova's portfolio includes Pringles, Cheez-It, Pop-Tarts, Rice Krispies, NutriGrain, and Eggo, while Mars owns megabrands such as M&Ms, Twix, Snickers, Dove, as well as well-loved pet care labels Royal Canin and Cesar. 📌Deal activity last week was particularly intense in the US, with all 5 top transactions involving American companies across various industries. 📌The larger-than-usual deals drove value up by 85%, from USD 38.85 billion to USD 71.91 billion, even though the number of deals decreased to 533 from 570. This week's report is another reminder of how M&As constantly impact our lives, from the products we consume to the industries supporting our communities and the handshakes that have the power to remake our future. #megadeals #mergersandacquisitions

2024’s biggest deal (so far) Dealmaking continues to heat up this summer with 2024’s largest transaction announced last week. 🔝🤝 Highlights to note: 📌Food giant Mars is set to acquire Kellanova for US 36 billion in a deal that is expected to significantly impact the consumer-packaged goods industry. With both companies owning iconic billion-dollar brands, the transaction has the power to redefine the global competitive landscape and drive major shifts in consumer and market dynamics. Kellanova's portfolio includes Pringles, Cheez-It, Pop-Tarts, Rice Krispies, NutriGrain, and Eggo, while Mars owns megabrands such as M&Ms, Twix, Snickers, Dove, as well as well-loved pet care labels Royal Canin and Cesar. 📌Deal activity last week was particularly intense in the US, with all 5 top transactions involving American companies across various industries. 📌The larger-than-usual deals drove value up by 85%, from USD 38.85 billion to USD 71.91 billion, even though the number of deals decreased to 533 from 570. This week's report is another reminder of how M&As constantly impact our lives, from the products we consume to the industries supporting our communities and the handshakes that have the power to remake our future. #megadeals #mergersandacquisitions

Kellanova Surges on Acquisition Buzz1 Kellanova has seen a notable pre-market surge, with shares jumping over 21% to $76.86, following reports of a potential acquisition by Mars Inc., the privately owned food giant behind well-known brands like Snickers and M&M’s. Kellanova, the company behind Pringles, was spun off from WK Kellogg Co in October 2023 and currently holds a market value of approximately $27 billion, including debt. The stock had closed at $62.98 on Friday, marking a 1.5% increase, and has traded between $47.63 and $64.18 over the past year. As Mars Inc. explores this acquisition, the market is reacting positively, reflecting investor optimism about the potential deal. Read More Here: https://lnkd.in/eJfxzrrx RTTNews Branded Hospitality Ventures Hospitality Headline Newsletter Julie Bowerman Eric Firer Carrie Sander Chris Silcock Charisse Hughes #MergersAndAcquisitions #Finance #StockMarket #BusinessNews

Mars Makes a Mega Munch: Kellanova Joins the Candy Kingdom In a deal that's as sweet as it is surprising, Mars, the confectionery giant behind iconic brands like Snickers and M&Ms, has announced its acquisition of Kellanova. This snack-tacular move, valued at a whopping $36 billion, is set to reshape the global snacking landscape. Kellanova, renowned for its portfolio of popular brands including Pringles and Pop-Tarts, brings a savory and crunchy dimension to Mars' already expansive candy empire. This strategic alliance promises to create a snacking powerhouse capable of satisfying cravings from sweet to salty, and everything in between. While the prospect of a combined Mars-Kellanova is  exciting for snack lovers, it also raises questions about potential market dominance and the impact on consumer prices. As this snacking sensation unfolds, industry watchers and consumers alike will be closely observing how this mega-merger will influence the variety, affordability, and innovation within the snack aisle. One thing's for certain: the days of simple snack choices are over. The Mars-Kellanova union is ushering in a new era of snacking supremacy, where the only limit is your imagination. What are your thoughts on this snacking sensation? Share your predictions for the future of the industry ? #Mars #Kellanova #SnackAttack #Merger #FoodIndustry #Business #ConsumerGoods #finance #marketing #mergers #acquisition 

Corporate takeover or simple merger? Does it even matter? When you hear the beast that is Mars is buying WK Kellogg Co's spinoff Kellanova for a massive $36bn (USD) you know there is something at play. It's said that Kellanova will become part of Mars Snacking, bringing brands like Pringles, Pop tart, Rice Krispies, KIND, NutriGrain, Eggos, RXBAR, Zesta Tea, Kellogg Company, and Wrigley to name a few. 🤯 These two companies have a crazy global reach, but combined, the rebalancing of their market penetration in the Asian and African regions specifically will be pretty huge. I'm not the biggest fan of the product portfolio of these companies, but can appreciate the strategic foresight in global diversification - for better or worse! Mars has so many nostalgic and staple brands saturated within popular culture around the world. I'd love to see some of the smaller, more sustainable, and nutritious brand acquisitions become front runners in the portfolio. The world urgently needs better access to better snacks so hopefully the company can help change the environment they frankly have helped to create. Personally I don't really get how this can get approved by competition regulators, but it's not my area so let's wait and see! 🙃

📢 Mars to Acquire Kellanova in 2024’s Biggest Deal for $36 Billion 🍫 A Major Move in Snacking: Mars is making headlines with its $36 billion acquisition of Kellanova, the maker of Pringles and Cheez-It. This significant deal, the largest of 2024 so far, combines Mars’ iconic brands like M&M's and Snickers with Kellanova’s popular products. Mars is paying $83.50 per share, a 33% premium, and aims to integrate Kellanova’s snacks into its portfolio while maintaining stable prices despite ongoing inflation pressures. 🌍 Strategic Growth and Market Expansion: The acquisition is set to strengthen Mars’ position in the global snacking market. Kellanova’s distribution network in Africa offers new opportunities for Mars to expand its candy sales, while Mars’ established presence in China could boost Kellanova’s brands. Mars plans to leverage this deal to introduce healthier snack options and enhance its market share, responding to evolving consumer preferences. 📈 Financial and Strategic Impact: Mars’ acquisition is expected to face minimal antitrust hurdles due to limited overlap between the companies. The deal will be financed through cash and a $29 billion debt commitment from JPMorgan Chase and Citi. Once finalized in early 2025, Kellanova will join Mars Snacking, led by Global President Andrew Clarke, while Kellanova’s CEO Steve Cahillane will depart post-deal. #MarsAcquisition #Kellanova #SnackingIndustry #MergersAndAcquisitions #GlobalExpansion #HealthySnacks #FoodIndustry #BusinessNews

🔔 Mars 𝐢𝐧 𝐀𝐝𝐯𝐚𝐧𝐜𝐞𝐝 𝐓𝐚𝐥𝐤𝐬 𝐭𝐨 𝐀𝐜𝐪𝐮𝐢𝐫𝐞 Kellanova 𝐢𝐧 𝐏𝐨𝐭𝐞𝐧𝐭𝐢𝐚𝐥 $30 𝐁𝐢𝐥𝐥𝐢𝐨𝐧 𝐃𝐞𝐚𝐥! 🚀 Family-owned giant Mars, known for iconic brands like M&M's and Snickers, is reportedly in advanced talks to acquire Kellanova, the maker of Pringles, Cheez-It, Pop-Tarts, Eggo waffles, and MorningStar Farms. This potential deal, valued at around $30 billion including debt, could be one of the largest transactions of the year and might come together imminently. 📈 This transaction alone will exceed each 2023 & 2024 total FMCG M&A value! Kellanova, spun off from Kellogg last year, has seen its shares surge 20% since the split. Despite this, they still trade at a discount compared to peers like Hershey and Mondelez International, making it an attractive target. 𝘛𝘩𝘦 𝘳𝘢𝘵𝘪𝘰𝘯𝘢𝘭𝘦 𝘧𝘰𝘳 𝘵𝘩𝘦 𝘢𝘤𝘲𝘶𝘪𝘴𝘪𝘵𝘪𝘰𝘯 𝘪𝘴 𝘤𝘭𝘦𝘢𝘳: complementary category & geographic footprint, significant potential synergies, and an accelerated entry into the highly attractive savoury snack sector—the largest, fastest-growing, and most profitable snack category. Mars, with its robust balance sheet and family-owned structure, is well-positioned to execute this deal. However, regulatory hurdles and competition from other potential suitors remain significant concerns. This would be Mars' largest acquisition ever, surpassing their $9.1 billion acquisition of VCA in 2017. #EcommerceNews #BusinessAcquisitions #FoodIndustry #Mars #Kellanova #MarketTrends #EmerceConsulting #MergersAndAcquisitions

🚀 Big Moves in the Snacks World This week, whispers in the industry indicate that Mars, the confectionery giant, might be making a $30bn move for Kellanova, the former snacking arm of Kellogg's. This rumoured acquisition has lit up discussions among analysts and could mark the largest food and drink acquisition in nearly a decade. 🌟 For Mars, this potential acquisition is not just about size but strategy. By absorbing Kellanova, Mars could broaden its portfolio into savoury snacks and breakfast offerings, tapping into the snack brands like Special K and Pop Tarts - a significant diversification from its stronghold in confectionery. What's more intriguing is that this move could signal the beginning of a consolidation wave in the FMCG (fast-moving consumer goods) sector, reminiscent of the Kraft-Heinz era in 2015. Interestingly, despite the hefty price tag and the complexities of the potential deal, Mars remains in a strong position to push forward, not needing to appease shareholders, thanks to its family-owned status. This freedom, along with Kellanova's attractive valuation and Mars' recent successful acquisitions, certainly adds weight to the possibility. If this merger takes off, analysts believe it could ignite a series of mergers and acquisitions as companies scramble to bolster their portfolios in this evolving market landscape. What are your thoughts on this potential acquisition? Is it a strategic masterstroke, or could it be a risky overreach? #MergersAndAcquisitions #FoodIndustry #MarsKellanova

Snickers Owner Mars to Buy Kellanova For $35.9B. Mars, the global candy and gum giant, has just announced a monumental acquisition of Kellanova for $35.9 billion! This landmark deal is the largest in the food and beverage space since the Kraft Heinz merger of 2015. With this acquisition, Mars is strategically expanding its footprint into the savory snacks category, complementing its already diverse portfolio that includes M&M’s, Kind bars, and Extra gum. Kellanova, known for popular brands like Cheez-It, Pringles, Pop-Tarts, and Eggo, will join Mars Snacking, bringing exciting opportunities for growth and innovation. The synergy between Mars and Kellanova promises a future where consumers can enjoy an even more extensive range of delicious and innovative snacks throughout their day. From breakfast with Eggo and Pop-Tarts to evening meals featuring MorningStar Farms and Ben’s Original, Mars is set to dominate every meal occasion. Read the full article here: https://lnkd.in/gAwjq6Xk #FlavorWiki #FoodIndustry #Mars #Kellanova #Acquisition #Innovation #Snacking #Growth #FoodAndBeverage #BusinessNews