Mars, Incorporated has no stock price. The company has been entirely privately held by the Mars family since its founding in 1911 and has never pursued a public listing. There are no publicly traded shares of Mars or any of its subsidiaries on any stock exchange worldwide.
Stock Price of Mars
Mars Stock Forecast
Mars has no stock and no forecast applies. The company has consistently declined to pursue an IPO, a position the Mars family has maintained for over a century. Industry analysts periodically speculate that an IPO could value the M&M's and Pedigree owner between $120 billion and $160 billion, but the founding family has shown no interest in public markets.
Mars Valuation
Timeline of Mars Funding
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1911
Founder CapitalFrank C. Mars self-funds the launch of his candy business in Tacoma, Washington, with personal savings and small loans.
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1923
Reinvested ProfitsMars reinvests early confectionery profits to launch the Milky Way bar, the company's first nationally successful chocolate product.
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1932
International Expansion CapitalForrest Mars Sr. uses family-provided capital to establish Mars Limited in Slough, UK, launching the Mars Bar in Britain.
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1968
AcquisitionMars acquires Kal Kan pet food using retained earnings, making its first major move into the pet nutrition category.
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2017
Debt-Financed AcquisitionMars borrows approximately $6 billion to fund the $9.1 billion acquisition of VCA Inc., its largest deal and entry into veterinary care.
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2023
Strategic AcquisitionMars acquires Hotel Chocolat for approximately £534 million, expanding into premium chocolate retail in the UK and internationally.
Mars Investors
Mars has no outside investors. The company is 100% privately owned by the Mars family. The blocks below profile the key family branches and their relationship to the business.