Mars Inc - Company Profile
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Mars Inc (Mars) manufactures and distributes chocolate, non-chocolate confectionery, food, and pet care products. The company markets its products under M&M's, Snickers, Dove, Mars, Wrigley’s, Orbit, Masterfoods, Extra, Raris, Whistle, Pamesello, TastyBite, Pedigree, Whiskas, Royal Canin, Gomo, Cocoavia, Double Mint, and TWIX brand names. Mars markets its pet hospitals and diagnostic services under AniCura, Banfield, BluePearl, Linnaeus, and VCA banners in the US and Canada. The company merchandises products to distributors, specialty stores, retailers, and veterinary practices. Its business operations span the Americas, Asia-Pacific, Europe, and the Middle East. Mars is headquartered in McLean, Virginia, the US.
Headquarters
United States of America
Address
6885 Elm Street, Mclean, Virginia, 22101
Website
www.mars.com
Telephone
1 703 8214900
No of Employees
140,000
Industry
Consumer Packaged Goods
Revenue (2023)
$47.0B
Mars Inc premium industry data and analytics
Products and Services
| Products | Services | Brands |
|---|---|---|
| Confectioneries | Veterinary Health Hospital Services | Mars Snacking: |
| Pet Care Products | M&M’S | |
| Snack Foods | SNICKERS | |
| XYZ | XYZ | |
| XYZ | XYZ | |
| XYZ | XYZ |
History
History section provides information on new products, mergers, acquisitions, expansions, approvals, and many more key events.
| Year | Event | Description |
|---|---|---|
| 2024 | Acquisitions/Mergers/Takeovers | In January, the company acquired Hotel Chocolat. |
| 2024 | New Products/Services | In January, Mars China introduced a new Snickers bar. |
| 2023 | Contracts/Agreements | In November, the company entered into an agreement with Duraplas to the innovative PolarPad line of condenser pads to reshape the landscape of HVAC-R products. |
Competitor Comparison
| Key Parameters | Mars Inc | Nestle SA | Mondelez International Inc | Grupo Bimbo SAB de CV | Kellanova |
|---|---|---|---|---|---|
| Headquarters | United States of America | Switzerland | United States of America | Mexico | United States of America |
| City | Mclean | Vevey | Chicago | Colonia Pena Blanca Santa Fe | Battle Creek |
| State/Province | Virginia | Waadt | Illinois | - | Michigan |
| No. of Employees | 140,000 | 270,000 | 91,000 | 146,296 | 23,000 |
| Entity Type | Private | Public | Public | Public | Public |
Executives
| Name | Position | Board | Since | Age |
|---|---|---|---|---|
| Poul Weihrauch | Chief Executive Officer | Senior Management | 2022 | - |
| Claus Aagaard | Chief Financial Officer | Senior Management | 2016 | - |
| Gulen Bengi | Chief Growth Officer | Senior Management | - | - |
| Abigail Stevenson | Chief Science Officer | Senior Management | 2022 | - |
| Flavia Moreira | Director - Equity, Inclusion and Diversity - North America | Senior Management | 2023 | - |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
| Non Dignissim Eros | Proin vel | Convallis | 2024 | XY |
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