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Andrew Clarke

Andrew Clarke

Global President, Mars Snacking

Appears in 2 stories

Stories

Mars takes Kellanova private, creating a $36 billion snack supergiant

Money Moves

Global President, Mars Snacking - Now leads an expanded Mars Snacking division combining Mars and Kellanova brands.

The company behind M&M's and Snickers just swallowed Pringles, Cheez-It and Pop-Tarts. Mars closed its $35.9 billion all‑cash acquisition of Kellanova in December 2025, taking the Kellogg snack spin‑off private and rolling its brands into an enlarged Mars Snacking empire. Early 2026 signals suggest the combined company is moving quickly: industry analysts predict aggressive innovation in flavor mashups—think Pringles-branded candy bars or Cheez-It M&M's—alongside dual-branded marketing campaigns already planned for key 2026 occasions.

Updated Jan 30

Private equity moves in: alternative asset giants remake the S&P 500

Money Moves

Global President, Mars Snacking - Architect of Mars’s expansion via Kellanova acquisition

Before the market opened on December 11, Ares Management — a private-credit powerhouse with nearly $600 billion under management — slid into the S&P 500. It shoved out snack giant Kellanova, which completed its $35.9 billion sale to Mars that same day, while Vital Farms replaced Heidrick & Struggles in the S&P SmallCap 600 after the executive-search firm closed its $1.3 billion take-private just one day earlier.

Updated Jan 9