Mars Completes Acquisition of Kellanova

Mars, Incorporated to Acquire Kellanova (Financed with $26 Billion Senior Notes)

March 5, 2025

Consumer Products

Mars, Incorporated priced a previously announced private offering of $26.0 billion of senior notes. The company said it intends to use the net proceeds, along with other financing sources and cash on hand, to fund its pending acquisition of Kellanova, subject to customary closing conditions and regulatory approvals.

Mars, Incorporated Acquires Kevin's Natural Foods

July 5, 2023

Food & Beverage

Mars, Incorporated has signed an agreement to acquire Kevin's Natural Foods, a Modesto-based maker of chef-inspired sous-vide nutritious meals. Kevin's will operate as a standalone business within Mars Food & Nutrition; the deal includes the exit of minority investors TowerBrook Capital Partners and NewRoad Capital Partners and is expected to accelerate Kevin's product innovation and distribution reach.

Nexus Capital Management Acquires CK Snacks (Cheeze Kurls)

June 17, 2024

Food & Beverage

Los Angeles-based Nexus Capital Management acquired Cheeze Kurls, LLC (CK Snacks), a Grand Rapids-based private-label snack food manufacturer, from Kilroy Partners. Nexus will partner with CEO Jamie Colbourne and management to support the company's next phase of growth in retail, grocery and drugstore channels.

Ferrero Acquires WK Kellogg Co

September 26, 2025

Food & Beverage

Ferrero completed its acquisition of WK Kellogg Co, which became a wholly owned subsidiary. The previously announced deal valued WK Kellogg at $23.00 per share in cash (total enterprise value of $3.1 billion) and supports Ferrero’s strategic growth in North America.

Roskam Baking Company (e2p-backed) Acquires Marsan Foods

April 19, 2023

Food & Beverage

Roskam Baking Company, a portfolio company of Entrepreneurial Equity Partners, has acquired Marsan Foods, a Canadian manufacturer of frozen entrees and soups. The deal expands Roskam's geographic footprint and product capabilities across the United States and Canada; financial terms were not disclosed.

Trevelino/Keller Acquires Marsden Marketing

August 19, 2024

Marketing & Advertising

Trevelino/Keller, an Atlanta-based growth PR and marketing firm, has acquired Marsden Marketing to add strategic, technological and tactical marketing capabilities to its service offering. The acquisition brings Marsden's expertise in digital advertising, demand generation and account-based marketing into Trevelino/Keller's broader inbound/outbound/reputation platform.