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April 19, 2015 10:23 AM ET

Food Products

Company Overview of Mars, Incorporated

Company Overview

Mars, Incorporated, a confectionery company, produces and supplies candies. It offers chocolates; food products, including rice, sauces, durum wheat, herbs and spices, recipe bases, table sauces, marinades, mustards, relishes, finishing sauce, cheese, whole grain mixes, ready-made meals, and cooking aids; confections, such as gums, mints, and hard and chewy candies; and drinks that include coffee, tea, hot chocolates, and hassle-free drinks. The company also provides pet care products, including veterinary medicines, nutritious products, meals, and pet food, and treats. In addition, it offers cocoa extract supplements and DNA testing kits for canines. Mars, Incorporated was founded in 1891 a...

6885 Elm Street

McLean, VA 22101

United States

Founded in 1891

Phone:

703-821-4900

Fax:

703-448-9678

Key Executives for Mars, Incorporated

President
Chief Financial Officer
Age: 53
Director and President of Symbioscience
President of Wrigley
President of Global Petcare
Compensation as of Fiscal Year 2014.

Mars, Incorporated Key Developments

Mars Drinks Enters into Agreement with Peet's Coffee & Tea

Mars Drinks, a segment of Mars, Incorporated, has entered into an agreement with Peet's Coffee & Tea, to bring Peet's coffee to offices across North America. Peet's coffees are now available as part of Mars Drinks' workplace beverage portfolio, which includes FLAVIA brewers, coffees, espressos, teas and hot chocolates. Mars Drinks is offering three of Peet's most popular varieties, French Roast, Cafe Domingo and Colombia Luminosa, which are freshly-ground and packaged in Mars Drinks' proprietary, recyclable Freshpacks to ensure taste, quality and freshness. With a shared commitment to quality and freshness, the Mars Drinks' Peet's Freshpacks, under calibrated conditions, meet the in-cup requirements of the Specialty Coffee Association of America's (SCAA) gold cup standard.

IBM Research and Mars, Incorporated Launch Pioneering Effort to Drive Advances in Global Food Safety

IBM Research and Mars, Incorporated established the Consortium for Sequencing the Food Supply Chain, a collaborative food safety platform that will leverage advances in genomics to further understanding of what makes food safe. Protecting the global food supply is a monumental public health challenge. As the food supply chain becomes more global and complex, new, innovative approaches that use genetic data to better understand and improve food safety are emerging, holding the promise of unparalleled insight and understanding of the total supply chain. In support of this goal, the consortium will conduct the largest-ever metagenomics study to categorize and understand micro-organisms and the factors that influence their activity in a normal, safe factory environment. This work could be extended into the larger context of the food supply chain -- from farm to fork -- and lead to new insights into how microorganisms interact within a factory ecology and be better controlled by new data and science-driven practices. As a first step, the consortium's scientists will investigate the genetic fingerprints of living organisms such as bacteria, fungi, or viruses and how they grow in different environments, including countertops, factories, and raw materials. This data will be used to further investigate how bacteria interact, which could result in completely new ways to view supply chain food safety management. While many food companies such as Mars already have rigorous processes in place to ensure food safety risks are managed appropriately, this pioneering application of genomics will enable an in-depth understanding and categorization of micro-organisms on a much bigger scale than has previously been possible.

Mars Incorporated Invests USD 60 Million to Expand Dubai Factory

Mars Incorporated announced it has increased its investments by USD 60 million to further expand its facility in Jebel Ali Free Zone in Dubai and add a new production line for its Snickers chocolate bars, thus bringing its total investment in the factory to hit USD 160 million. The company announced that the new line will increase the total factory's production capacity from 60.000 to 100.000 tons per year, and create more than 50 jobs to work on the line, adding to over 850 people currently employed across the GCC working for Mars.

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Recent Private Companies Transactions

Type
Date
Target
Merger/Acquisition
September 24, 2014
The Procter & Gamble Company, Petfood Business in Some Parts of Asia Pacific, Middle East and Africa
 

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