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The Guardian - UK
The Guardian - UK
Business
Sarah Butler

Mars agrees $36bn deal to buy Pringles maker Kellanova

Kellanova Frank C Mars Pringles Wrigley
Pringles chips and a Pringles container
As well as Pringles, Kellanova’s brands include Pop-Tarts, Special K cereal and Carr’s water biscuits. Photograph: Dado Ruvić/Reuters

Mars, the chocolate to pet food group, has struck a $36bn (£28bn) deal to buy Kellanova, the maker of Pringles and Pop-Tarts.

The all-cash offer, announced on Wednesday, is the biggest ever acquisition for the privately owned Mars, dwarfing its $23bn takeover of the chewing gum maker Wrigley in 2008.

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