Mars to buy pet hospital company for US$7.7b
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 company that owns about 800 animal hospitals, a lab business and dog day- care franchises that operate under the name Camp Bow Wow. VCA will be part of Mars Petcare but will operate as a "distinct and separa…
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