At the end of 2020, Mars announced its acquisition of Kind North America, a maker of healthy granola and energy bars. The financial terms of the transaction have not been disclosed; however, The New York Times reported that it valued Kind at approx. $5 billion, citing sources with knowledge of the deal.
Mars launched numerous products, including its 100 calorie Mars, Snickers and Twix bars; vegan versions of its Bounty and Topic chocolate bars; M&M’s Crunchy Cookie in the US, which features a crunchy cookie-flavored center covered in milk chocolate and wrapped in the brand’s iconic candy shell; orange-flavored Malteser products; Snickers Peanut Brownie Ice Cream bar; and much more.
In January, Mars U.K. announced a £350 million sustainable logistics project with DHL, in an effort to reduce its logistics carbon footprint. It also initiated a two-year partnership with Danimer Scientific, a manufacturer of biodegradable materials, which will see the companies develop biodegradable packaging from natural ingredients. Meanwhile, Mars and AAK joined forces with a number of organizations in a public-private partnership aimed at improving the livelihoods of women working in Ghana’s shea supply chain.
| Ranking (last five years): | |
| 2021 | 6 |
| 2020 | 6 |
| 2019 | 7 |
| 2018 | 7 |
| 2017 | 8 |
| Year end: | December 2020 |
| Currency: | USD |
| Total sales, local currency: | 37,000 |
| Food sales, local currency: | 37,000 |
| Total sales, $m: | 37,000 |
| Food sales, $m: | 37,000 |
| KEY LEADERSHIP | |
| Grant F Reid, CEO and Office of the President | |
| Claus Aagaard, CFO | |
| Stefanie Straub, VP and General Counsel | |
| Jean-Christophe Flatin, President of Innovation, Science, Technology and Mars Edge | |
| Andrew Clarke, Global President, Mars Wrigley |
The Top 10
1. PepsiCo
2. Nestlé
3. JBS
4. Anheuser-Busch InBev
5. Tyson Foods
