Mars acquires Kellanova in US$35.9 billion global transaction

FMCG

Mergers and Acquisitions

$35.9B

Nigeria, United States of America

2026

Mars Incorporated completed its US$35.9 billion acquisition of Kellanova, combining two of the world's largest snack food portfolios. Nigerian competition law approval was secured from the FCCPC as part of the multinational merger clearance process required across multiple jurisdictions.

Advisory Team: Streamsowers & Köhn Chiagozie Hilary-Nwokonko

Chukwuyere Ebere Izuogu

Naomi Kabowei

Priscilla Ben-Okoh

Charles Anorondu

Cynthia Kanu