Mars to acquire a minority stake of Wrigley from Berkshire Hathaway.

Mars, chocolate and sweets producer, has agreed to acquire a minority stake of Wrigley, chocolate and sweets producer, from Berkshire Hathaway, multitude business holding. Financial terms were not disclosed. “We are grateful for the strong and productive partnership we have with Warren Buffett and Berkshire Hathaway. It is a great relationship that has yielded value on both sides. We’re equally pleased that sole ownership of Wrigley provides us with an opportunity to rethink how we simplify our Chocolate and Wrigley businesses so that we can bring a more holistic approach to this vibrant category.” Grant F. Reid, Mars President and CEO.