
Everyone is familiar with Mars, thanks to the candy conglomerate’s iconic treats such as M&M’s, Skittles, and Snickers. But even for those Americans who lack a sweet tooth, there’s a good chance they are customers of Mars all the same.
Even before private equity began moving into the world of dogs and cats, corporations were active acquirers of veterinary businesses. And the biggest corporate buyer of them all is Mars, which has been scooping up vet clinics for 30 years.