You are here

Mars to buy pet hospital company for US$7.7b

A dog named Rascal has a blood sample taken at the VCA Veterinary Specialty Center in Lynnwood, Washington. VCA, which owns about 800 animal hospitals, will now be part of Mars Petcare.

New York

THE company name Mars Inc evokes images of M&M's, Snickers and Dove chocolate, and possibly Wrigley chewing gum.

Soon, a majority of its business will be related to pets, thanks to a US$7.7 billion acquisition announced on Monday.

Mars agreed to buy VCA, a...

Market voices on: