Mars

Last month, a blockbuster deal was announced in the candy world.  Hershey’s number one competitor in the United States, Mars, Inc. (makers of Snicker’s and M&M’s) purchased the world’s largest gum maker Wrigley, for $80 a share.    

Both of these huge candy companies are family businesses started decades ago, and combined they will be an undeniable force in the candy industry. The deal includes financing from Warren Buffett's Berkshire Hathaway, Inc.

Combined, this company will be the number one chocolate maker in the world, and is sure to spark more consolidation in the candy industry.  We will continue to watch and see what happens next, but here at CARSON, we will just continue to work hard to exceed our customers' expectations, one customer at a time.