Mars To Buy Greenies’ Maker S&M NuTec
Published:
Rumored to be on the sales block for months, S&M NuTec, maker of Greenies, has been sold to Mars Inc.
While both companies confirmed the sale today neither would disclose details. The sale requires regulatory approval.
Privately held S&M NuTec, of
Privately held Mars of McLean, Va., already owns the Whiskas and Pedigree brands. Mars has said in the past that its pet foods are some of its fastest-growing brands.
Mars, which also makes Snickers and M&Ms candies, had $18 billion in sales last year.
