Announced
Completed
Financials
Sources
Tags
nutritional supplements
Acquisition
nutrition bars
Friendly
Private
Germany
Food Products
Completed
Single Bidder
Synopsis
Mars Edge, a subsidiary of Mars acquires Foodspring, a direct-to-consumer targeted nutrition company based in Berlin. Financial terms were not disclosed. On completion of the transaction, Foodspring will remain a standalone business led by the founders within Mars Edge, a segment of Mars, Incorporated. It will continue to operate out of its headquarters in Germany. “We are looking forward to accelerating the growth of our business by drawing on Mars’ global infrastructure, marketing and science capabilities, as well as its expertise in quality and food safety.” Philipp Schrempp, Foodspring Founder & CEO.
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