Mars Inc., global manufacturer of food products, plans to invest more than $20 million (€18 million) into an pet food facility the company acquired by taking over Procter & Gamble’s brands.
Two years ago, Mars Inc. inherited the plant through the acquisition of P&G’s IAMS, Eukanuba and Natura brands for almost $3 billion (€2,7 million).
Most people might know Mars Inc. through their candy and chocolate products (M&M’s, Twix, Freedent et cetera), but it is also the parent to an array of pet product brands, including Whiskas and Pedigree. Forbes Magazine recently ranked the company as the sixth largest privately held company in the United States.
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Mars Inc.
