Mars recieves advice on entering Chinese market with its subsidiary Foodspring

Shanghai – CFI is pleased to announce that it acted as exclusive financial advisor to Mars in finding a route to enter the Chinese market for its subsidiary Foodspring.

Founded in 1911, Mars is headquartered in USA. It is a private family business with a history of more than 100 years and a world-renowned food manufacturing and distribution leader, covering more than 80 countries and regions around the world.

The company has four divisions: Mars Pet Care, Mars Wrigley, Mars Food and Mars Edge.

Foodspring, launched in 2013, is already available in 12 countries. Its targeted nutrition covers 4 key segments: i/ muscle building, ii/ endurance, iii/ shape and iv/ healthy living.

This transaction closed on 1 December 2019