CASE HUB ARCHIVED—this archived case hub reflects the position at the date of the decision of 8 December 2025; it is no longer maintained. See further, timeline. Case facts Outline European Commission merger investigation into the proposed acquisition of Kellanova by Mars, Incorporated (M.11753). The transaction involves horizontal overlaps in the supply of food products. Latest developments On 8 December 2025, the Commission unconditionally cleared the transaction, finding that although Mars, Incorporated and Kellanova hold market power and could in principle link categories in negotiations, the evidence did not show that the merger would increase Mars, Incorporated's bargaining leverage over retailers. Consumers were unlikely to switch supermarkets due to the unavailability of the parties’ products, and no ‘basket effect’ was established. Parties • Mars, Incorporated (Mars):Mars is headquartered in the US. It is a worldwide supplier of confectionery, food products, pet food and animal care services. Its portfolio comprises, among others, chocolate countlines (eg Twix, Mars, Snickers), chocolate pouches (eg M&M's), sugar confectionery (eg Skittles), chewing gum (eg Airwaves, Extra), snack bars (eg BE-KIND), pet food (eg