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Mars outlines EU capex plans
['Mon', 'Sep', 'Min Read']
Yahoo Finance
Mars is spending €1bn ($1.18bn) on production and R&D across 2025 and 2026, including on projects in France, Poland and Spain.
In a statement, Mars said it had spent €1.5bn on its EU operations during 2020 to 2024 and has earmarked more investment this year and next.
The work, set to be completed in 2027, will cost Mars around €250m and see the company increase capacity at the site by more than 60%.
Mars has 24 manufacturing sites across ten EU member states.
The October suspension ended on 15 September, suggesting the missing information to sign off the deal has now been received.
['business'
'european'
'takeover'
'stronger'
'eu'
'deadline'
'capex'
'statement'
'plans'
'outlines'
'commission'
'mars'
'consumers']