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Popular candy maker acquires healthy cereal brand in historic merger
Yahoo Finance· 2025-12-10 18:33
Core Insights - The acquisition of Kellanova by Mars Inc. represents a strategic move in response to changing consumer preferences towards healthier snacks and the elimination of synthetic dyes from food products [1][2][4]. Group 1: Acquisition Details - Mars Inc. has received final regulatory approval from the European Commission for its $36 billion acquisition of Kellanova, marking the completion of all 28 required approvals [4]. - The acquisition was initially announced in August 2024 and is expected to finalize on December 11, 2025, making it the largest food merger since the Kraft-Heinz deal in 2015 [5]. - The merger aims to create a global snacking powerhouse, combining Mars' extensive brand portfolio with Kellanova's iconic snack and cereal products [5][6]. Group 2: Market Context - The healthy snack market has seen significant expansion, with increased competition as consumers seek snacks with fewer calories and simpler ingredients [1][3]. - The U.S. Department of Health and Human Services and the FDA's initiative to phase out synthetic dyes by 2026 has prompted many manufacturers to commit to healthier product formulations [2]. - Both Mars and Kellanova are major players in the food industry, with Mars owning over 50 brands and Kellanova bringing well-known products like Special K and Pringles to the merger [6].
Best Halloween Candy 2025: What To Hand Out (And What To Skip)
Forbes· 2025-10-27 22:06
Group 1: Halloween Candy Trends - DoorDash released its annual Halloween candy report, highlighting the most popular candies by state based on sales data [3][4] - Reese's Peanut Butter Cups remain the top-selling Halloween candy in the U.S., maintaining this position for over a decade [5][6] - Other popular chocolate candies include Snickers, M&M's, and Hershey's Milk Chocolate Bars, with Twix and Kit Kat ranking lower on the list [6] Group 2: Non-Chocolate Candy Preferences - The most favored non-chocolate Halloween candies are Skittles, Nerds, Sour Patch Kids, and AirHeads, according to DoorDash [7] - Full-size candy bars are recommended as the best option for trick-or-treaters, with variety being more appealing than quantity [8][9] Group 3: Candy Purchasing Recommendations - Costco offers a selection called Funhouse Treats, featuring a mix of popular non-chocolate candies for $21, making it convenient for consumers [10] - Target also provides bulk candy mixes, catering to diverse preferences among trick-or-treaters [10] Group 4: Unpopular Halloween Treats - Certain treats, such as apples, granny candy, hard-to-chew candy, and raisins, are considered undesirable by children and should be avoided [11][12][13]
Mars outlines EU capex plans
Yahoo Finance· 2025-09-22 13:27
Investment Plans - Mars is investing €1bn ($1.18bn) in production and R&D across 2025 and 2026, focusing on projects in France, Poland, and Spain [1] - The company has previously invested €1.5bn in its EU operations from 2020 to 2024 and plans further investments this year and next [1] Production Capacity Expansion - A project initiated in 2023 aims to increase production capacity at a chocolate factory in Janaszówek, Poland, with an investment of around €250m, expected to boost capacity by over 60% by 2027 [2] Strategic Focus - Mars is planning investments across all business segments in the EU, emphasizing modernization, innovation, and sustainability to ensure future-ready factories [3] - The CFO stated that the company's long-term view is to foster growth that benefits consumers in EU economies [4] Business Resilience and Community Impact - The investment strategy is aimed at building a stronger, more resilient business in Europe, enhancing innovation for consumers, and creating positive impacts in local communities [5] Merger Investigation Update - The European Commission has set a new deadline of 19 December to complete its investigation into Mars' planned $35.9bn takeover of Kellanova, following a previous suspension due to missing information [6][7] - Preliminary findings suggest that the merger could lead to higher prices for consumers due to Mars' increased negotiating power with retailers in the European Economic Area [7]
X @Bloomberg
Bloomberg· 2025-08-13 22:26
Mars quietly posted a statement saying it would offer naturally colored options next year for four of its most iconic candies, including M&M’s and Skittles https://t.co/lwjA5JYGDE ...
Colin Selikow Named to Campaign US 2025 40 Over 40 List
Prnewswire· 2025-07-15 18:33
Core Insights - Colin Selikow, Chief Creative Officer of DDB Chicago, has been named to Campaign US's 2025 40 Over 40 list, recognizing executives in advertising, marketing, media, technology, and communications [1] - Under Selikow's leadership, DDB Chicago has achieved significant accolades, including being named Campaign US' 2024 Creative Breakthrough Agency and winning over 300 international awards [4] Company Achievements - DDB Chicago has earned the title of Campaign US' 2024 Creative Breakthrough Agency, reflecting its innovative approach and successful campaigns [4] - The agency has received over 300 international awards, including 49 Cannes Lions, 31 D&AD Pencils, and 46 One Show Pencils, showcasing its creative excellence [4] Leadership and Impact - Colin Selikow is recognized as the 1 Most Awarded Executive Creative Director in the World by The Drum in 2024 and The One Club in 2023, highlighting his influence in the industry [2] - Selikow's leadership has fostered a culture of creativity and mentorship at DDB Chicago, contributing to the agency's growth and success [3] Notable Campaigns - Selikow led the creation of the "Apologize the Rainbow" campaign for Skittles, which won a 2025 Global Grand Effie, marking it as one of the most awarded campaigns of 2023 [4] - DDB Chicago recently secured the global creative and strategy assignment for Bimbo Global, demonstrating its competitive edge in the market [3] Industry Recognition - The judges for the Campaign US 40 Over 40 Awards are established professionals, ensuring that the winners represent the pinnacle of creativity and leadership in the industry [5] - DDB Worldwide has been recognized as the 1 Most Awarded Agency Network in the 2024 Effie Global Best of the Best and has received multiple accolades from Cannes Lions and D&AD [8]