Mars Acquires Kellanova

Ferrero Acquires WK Kellogg Co

September 26, 2025

Food & Beverage

The Ferrero Group has completed its acquisition of WK Kellogg Co, with WK Kellogg Co becoming a wholly owned subsidiary. WK Kellogg Co shareholders received $23.00 in cash per share; Ferrero says the purchase expands its strategic growth and brand portfolio in North America.

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.

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.

Mars, Incorporated Acquires Heska Corporation

April 3, 2023

Medical Devices

Mars, Incorporated agreed to acquire Heska Corporation for $120.00 per share (approximately $1.3 billion equity value), bringing the veterinary diagnostics company into Mars Petcare's Science & Diagnostics business. The acquisition is intended to broaden Mars' point-of-care diagnostic offerings, accelerate R&D and innovation, and expand access to veterinary diagnostics for companion animal health globally.

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.

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.