Who Owns Mars Candy Company? Mars Candy Company is owned by Mars family, Mars is a huge company in the United States, and it’s owned completely by the Mars family.
Who Owns Mars Candy Company?
Many might be wondering to know Who Owns Mars Candy Company? Well, the answer is simple it is Mars family. In 1911, a guy named Frank Mars started making candy in his kitchen in Tacoma, Washington. That’s how Mars, the company, began.
They’re famous for Mars bars, 3 Musketeers, Milky Way bars, M&Ms, Skittles, Snickers, Twix, and Bounty. But they don’t just do candy; they also make snacks like Combos, food like Ben’s Original rice, Dolmio pasta sauce, and pet food like Pedigree, Whiskas, Nutro, and Royal Canin. So, Mars is into making lots of different things that people and pets can enjoy.
Mars Family
Mars is a huge company in the United States, and it’s owned completely by the Mars family. which is the fourth-largest private company in the U.S. They have different parts of their business around the world.
They’re into making sweets through Mars Wrigley Confectionery, which is based in Chicago, Illinois. They also have a part for pet care in Belgium and Mexico, a food part in California, and a life sciences part called MARS Edge in Maryland.
Back in 2014, they built a new chocolate factory in Topeka, Kansas, spending $270 million on it. It was the first new Mars factory in the U.S. in 35 years.
In 2016, Mars mixed its chocolate and Wrigley parts to make a new part called Mars Wrigley Confectionery.
In 2017, the sweet part of the company went back to its beginnings and opened a new office in Newark, New Jersey.
In May 2020, Mars took legal action against JAB Holding. They claimed a person who used to work for JAB Holding took secret papers and gave them to the owner of Pret A Manger and Panera Bread.
Mars Family Net Worth
The Mars family is really rich, with almost $90 billion. They’ve had a company for 106 years that helped them make this huge fortune. The Mars family is super wealthy because they own a big candy company called Mars, Inc.
This company is the biggest in the world for making sweets. In 2022, they made a crazy amount of money—$45 billion! You might know them for yummy treats like Milky Way bars, Snickers, M&M’s, Twix, Skittles, Combos, Ben’s Original (which used to be called Uncle Ben’s), and Dolmio pasta sauce. They’re basically the kings and queens of candy!
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