Transaction unites two iconic businesses with complementary footprints and portfolios of beloved brands Enables Mars to further shape the future of snacking and serve more consumers globally Kellanova shareholders to receive $83.50 per share in cash Strong cultural fit, bringing together two values-based and purpose-led businesses Mars, Incorporated, a family-owned, global leader in pet care, snacking and food, and Kellanova (NYSE: K), a leading company in global...

Mars continues to decouple carbon emissions from business growth by reducing absolute GHG emissions in the full value chain by 16% since 2015  Mars 2023 Sustainable in a Generation Report shows a record 8% greenhouse gas (GHG) emissions reduction, doubling its total GHG reduction to 16% across its full value chain and delivering its largest single year reduction in GHG emissions against its 2015 baseline. In the same period, the Mars business has grown over 60% to...

After the pandemic, Bulgarians have increased their consumption of chocolate products. Political instability does not change business plans, but the behavior of workers. The increase in the price of raw materials is not fully transferred to the final price. A number of products for foreign markets are produced in Svoge.   Read more

The oldest chocolate factory in Bulgaria Tuesday celebrated its 100th anniversary in the presence of US Ambassador Kenneth Merten. The factory in the town of Svoge, established in 1924, has built a reputation for quality and become an important economic factor in the region, the organizers of the event said. The factory director, Anna Marinkova, said the 100th anniversary is a landmark moment for all people working there. She stressed she is proud of the factory's team...

Bulgarian consumers chose "Devin" as their Favorite Brand in the "Bottled Waters and Soft Drinks" category. DEVIN's products accumulated nearly 30,000 votes from the three rounds of the one-of-a-kind user ranking "Favorite Brands".