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Mars: $661 million Hotel Chocolat Deal

Mars Incorporated is an American multinational manufacturer of confectionery and other food products, as well as a provider of animal care services. It was founded in 1911 and is currently ranked as the fourth-largest privately held company in the United States by Forbes.

Mars is headquartered in McLean, Virginia.

According to reports, Mars has recently acquired Hotel Chocolat for $661 million USD in order to enhance the brand’s prospects, and rapidly expand Hotel Chocolat’s international presence. Hotel Chocolat is a British chocolate manufacturer and cocoa grower that was established in 1993. It is also the only company in the UK that cultivates cocoa on its own farm.

The company distributes chocolates and other cocoa-related products online, and also operates a network of cafes, restaurants, outlets, and factory stores.

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