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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: sutton ✶  😊 😞
Number: of 15054 
Subject: Peri-OT: Mars Inc
Date: 03/23/2023 12:53 PM
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It's been at least ten years since Warren & Charlie mused publicly about how Mars Inc would be an ideal BRK acquisition: right-sized, well-run, stable business model etc. (The drawback, of course, is that it was a privately-owned company whose owners had no interest in selling thankyouverymuch)

Today's FT has a very good article.

Two short quotes, the first in the one-that-got-away department: "Mars revealed last year that revenues had grown from $28bn to $45bn in Grant Reid's eight years as CEO...Mars now has 12 brands with sales above $1bn"

And the second, in the Hmmm-I-didn't-know-that file: "Mars Petcare...the world's largest provider of veterinary services...Mars now spends more than $500mn a year on scientific research, he said, and expects 'tremendous growth' from a new pet diagnostics division"

Excellent article, highly recommended. Gated, unfortunately: https://www.ft.com/content/85cd2a9d-ed54-4dd9-8cca...

Too bad they're such an opaque company - this would be nice to follow. I have a sense of an early J&J, before they lost their way

--sutton
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