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  4. Cheez-It
Cheez-It logo
Food & Beverage

Who Owns Cheez-It?

Cheez-It is owned by Mars, Incorporated, a privately held American multinational corporation headquartered in McLean, Virginia. Mars acquired Cheez-It through its $36 billion purchase of Kellanova, completed on December 11, 2025. Kellanova now operates as a wholly-owned subsidiary of Mars. Cheez-It was created in 1921 by the Green & Green Company in Dayton, Ohio. The brand generates over $1 billion in annual retail sales and holds the leading position in the U.S. cheese cracker category. Kellanova reported net sales of $3.2 billion in Q2 2025, its final quarterly report before the Mars acquisition closed.

Parent Company

Mars, Incorporated

Acquired

2025

Status

Private

Headquarters

McLean, Virginia, USA

Cheez-It Timeline

1911
Mars, Incorporated

Parent company established in McLean, Virginia, USA

Company Founded
1921

Cheez-It

Founded by Green & Green Company

Founded
2025
Acquired by Mars, Incorporated

Mars, Incorporated acquired Cheez-It

Acquired
budgetmass marketUnited StatesOfficial Website

Who Owns Cheez-It?

  • Parent Company: Mars, Incorporated
  • Ownership Type: Wholly owned
  • Acquisition Year: 2025
  • Company Type: Privately Held
BrandParent CompanyOwnership Type
Cheez-ItMars, IncorporatedWholly owned

Where to Buy

Disclosure: We may earn commission from purchases
AmazonCheez-It on Amazon

History of Cheez-It

  • Founded: 1921
  • Founders: Green & Green Company
  • Acquired by Mars, Incorporated: 2025

Cheez-It was created in 1921 by the Green & Green Company in Dayton, Ohio. The original recipe used real cheese baked into a small, square cracker, establishing the product's signature taste and texture. The Green & Green Company had previously produced crackers and baked goods since the late 1800s.

The brand changed hands several times over the decades. Sunshine Biscuits acquired the brand, and Keebler Foods later took ownership through its acquisition of Sunshine. When Kellogg Company acquired Keebler in 2001 for $4.56 billion, Cheez-It became part of Kellogg's portfolio. Under Kellogg's ownership, Cheez-It expanded its product line with new flavors and formats.

In October 2023, Kellogg Company split into two independent companies: WK Kellogg Co (North American cereal brands) and Kellanova (snacks, international cereal, and frozen foods). Cheez-It became part of Kellanova. CEO Steve Cahillane described Kellanova as "a more focused, more growth-oriented and more profitable portfolio" following the separation.

In August 2024, Mars announced its intent to acquire Kellanova for $83.50 per share in cash, valuing the company at approximately $36 billion. The deal closed on December 11, 2025. Kellanova now operates as a wholly-owned subsidiary of Mars.

Cheez-It has expanded its product lineup significantly beyond the original crackers. Current product lines include Snap'd (thin, layered crackers), Grooves (ridged crackers), Duoz (two varieties in one box), Puff'd (puffy, airy crackers), and Snap Mix (cracker combos). In November 2024, Kellanova launched Cheez-It Smoked, the first smoked cracker product for the brand, in Smoked Cheddar and Smoked Gouda varieties. In early 2025, the company rolled out Cheez-It Snap'd Extra Crunchy Margherita Pizza and Cheez-It Duoz Pesto + Mozzarella.

About Mars, Incorporated

What does Mars, Incorporated own?
Mars owns a portfolio of approximately 50+ brands across pet care, confectionery, savory snacks, and food categories. Its most recognized brands include M&M's, Snickers, Twix, Pedigree, Whiskas, Royal Canin, Pringles, Cheez-It, and Pop-Tarts. The company also owns the world's largest veterinary hospital network through Banfield, BluePearl, and VCA. The Kellanova acquisition in December 2025 added Pringles, Cheez-It, Pop-Tarts, RXBAR, and Kellogg's cereal brands to the portfolio.

Is Mars, Incorporated publicly traded?
No, Mars, Incorporated is entirely privately held by the Mars family. The company has never been publicly traded and has no stock exchange listing. This private ownership structure has been a consistent feature since the company's founding in 1911 and is enshrined in the company's Five Principles as the principle of "Freedom."

Who founded Mars, Incorporated?
Mars was founded by Frank C. Mars in 1911 in Tacoma, Washington. Frank Mars started the company producing butter cream candies. His son, Forrest Mars Sr., later joined the business and drove its global expansion, developing M&M's in 1941 and establishing Mars operations in the United Kingdom. The Mars family has maintained ownership and control across multiple generations.

Where is Mars, Incorporated headquartered?
Mars, Incorporated is headquartered in McLean, Virginia, USA, in the Washington metropolitan area. The Mars Snacking division is headquartered in Chicago, Illinois, following the Kellanova acquisition. The company operates manufacturing facilities and offices in more than 80 countries worldwide.

How many brands does Mars, Incorporated own?
Mars owns approximately 50+ brands across its four primary segments. The portfolio includes 9 billion-dollar brands in snacking alone (M&M's, Snickers, Twix, Skittles, Pringles, Cheez-It, Pop-Tarts, Kellogg's, and Dove/Galaxy), plus major pet care brands including Pedigree, Whiskas, and Royal Canin. The company also operates veterinary service brands including Banfield, VCA, and BluePearl.

Who owns Mars, Incorporated?
Mars, Incorporated is owned entirely by the Mars family, descendants of founder Frank Mars and his son Forrest Mars Sr. The family has maintained complete ownership across multiple generations, making Mars one of the world's largest family-owned businesses. No external investors, private equity firms, or public shareholders hold equity in the company.

What was Mars's largest acquisition?
Mars's largest acquisition was the $36 billion purchase of Kellanova, completed on December 11, 2025. Kellanova's portfolio included Pringles, Cheez-It, Pop-Tarts, RXBAR, and Kellogg's international cereal brands. The deal created a combined Mars Snacking division generating approximately $36 billion in annual revenue. Prior to Kellanova, Mars's largest acquisition was the approximately $23 billion purchase of Wrigley in 2008.

What is Mars's annual revenue?
Mars generates approximately $65 billion in annual revenue (FY2025, estimated). The company does not publicly disclose detailed financial results because it is privately held. Revenue estimates come from company press releases, credit rating agencies, and reputable business press. Following the Kellanova acquisition, Mars's snacking division alone generates approximately $36 billion in annual revenue.

  • Founded: 1911
  • Headquarters: McLean, Virginia, USA
  • Company Type: Privately Held
  • Revenue: approximately $65 billion (FY2025, estimated)
  • Employees: approximately 170,000

Visit Mars, Incorporated website

View full company profile for Mars, Incorporated

Where Is Cheez-It Made / Based?

  • Headquarters: McLean, Virginia, USA

Cheez-It Categories & Tags

SnacksCrackersCheeseBaked Snacks

Cheez-It Sustainability & Ethics

Cheez-It operates under Mars, Incorporated's Sustainable in a Generation Plan, which guides the company's approach to environmental sustainability, ethical sourcing, and social responsibility. Mars launched this initiative in 2017.

Mars has committed to achieving net zero emissions by 2050. The company is expanding its use of renewable energy across operations, including facilities that produce Cheez-It. Mars follows a science-based approach to climate action aligned with the UN's Sustainable Development Goals.

As of 2023, 61% of Mars packaging was designed to be recyclable, reusable, or compostable, up from 57% in 2022. Mars is working toward 100% sustainable packaging, though the 2025 target may be extended. The company has increased its use of post-consumer recycled content across packaging.

Mars has set goals to reduce water usage in its value chain, aiming to reduce the gap to sustainable water usage by 50% from 2015 to 2025. As of 2024, the company achieved a 36% reduction in the gap to sustainable water use since 2015.

Mars is accelerating efforts to stop deforestation in its supply chains, particularly for ingredients like palm oil. Cheez-It products contain palm oil, which has been associated with deforestation concerns. Mars has implemented policies and partnerships to ensure raw materials are sourced without contributing to deforestation.

Mars does not publish brand-specific sustainability data for Cheez-It. All sustainability metrics are consolidated within Mars' group-level reporting. As a privately held company, Mars is not subject to SEC ESG reporting requirements.

Awards & Recognition

Cheez-It does not have significant individual brand awards as of 2026. The brand's recognition is primarily based on market leadership and consumer loyalty rather than industry accolades.

Cheez-It is recognized as one of the best-selling cracker brands in the United States, with over $1 billion in annual retail sales. The brand has maintained this position through multiple corporate ownership changes over its 105-year history.

The inclusion of Cheez-It in Mars' $36 billion acquisition of Kellanova validates the brand's significant value. Mars specifically identified Cheez-It as one of the key brands driving the acquisition, alongside Pringles and Pop-Tarts.

Cheez-It's marketing campaigns have received attention for creative partnerships, including collaborations with sports leagues and entertainment properties. The brand has not received major advertising industry awards comparable to Cannes Lions or Effie Awards.

Cheez-It Recalls & Controversies

Cheez-It has no documented major product recalls or significant public controversies as of July 2026. The brand has maintained a clean safety record throughout its history.

Product Safety Record: No major recalls or widespread safety issues have been documented for Cheez-It. The brand benefits from Mars' comprehensive quality control and safety protocols, which apply across all manufacturing facilities.

Nutritional Content: Like many snack products, Cheez-It has faced consumer scrutiny regarding nutritional content, particularly sodium levels and processed ingredients. A single serving of original Cheez-It crackers (27 crackers, 30 grams) contains 230 mg of sodium (10% of daily value), 8 grams of fat, and 150 calories. The brand has introduced reduced-fat and reduced-sodium varieties in response to health-conscious consumer preferences.

Palm Oil Sourcing: Cheez-It products contain palm oil, which has been associated with deforestation and habitat destruction in Southeast Asia. Mars has implemented responsible palm oil sourcing policies and is a member of the Roundtable on Sustainable Palm Oil (RSPO). The company has committed to sourcing 100% of its palm oil from RSPO-certified sources.

Artificial Ingredients: Some Cheez-It varieties contain artificial flavors and preservatives. Consumer demand for clean-label products has increased scrutiny of artificial ingredients in packaged snacks. Cheez-It has not reformulated its core product to remove artificial ingredients, though some varieties use natural ingredients.

PFAS Packaging Concerns: The broader snack food industry has faced scrutiny regarding per- and polyfluoroalkyl substances (PFAS) in packaging materials. No specific PFAS allegations have been directed at Cheez-It, but the issue affects the packaged food category broadly.

Brands Owned by Mars, Incorporated

CelebrationsFood Beverage

Celebrations

Owned by Mars, Incorporated

British chocolate assortment brand featuring a variety of chocolate candies, owned by Mars, Incorporated and distributed globally.

chocolateassortmentcandies
Galaxy ChocolateFood Beverage

Galaxy Chocolate

Owned by Mars, Incorporated

British chocolate brand owned by Mars, Incorporated, known for smooth and creamy chocolate bars and confectionery products.

chocolatechocolate-barsconfectionery
IamsPet Care

Iams

Owned by Mars, Incorporated

American pet food brand known for premium dog and cat food formulations, owned by Mars Petcare since 2014.

pet-fooddog-foodcat-food
M&M'sFood Beverage

M&M's

Owned by Mars, Incorporated

Candy-coated chocolate confections produced by Mars, Incorporated, one of the world's best-selling candy brands since 1941.

candychocolateconfectionery
MaltesersFood Beverage

Maltesers

Owned by Mars, Incorporated

British chocolate brand owned by Mars, Incorporated, known for malted milk balls covered in milk chocolate.

chocolateconfectionerymalted-milk-balls
Milky WayFood Beverage

Milky Way

Owned by Mars, Incorporated

American nougat, caramel, and chocolate candy bar owned by Mars, Incorporated, introduced in 1923. One of the oldest candy bars still in production in the United States, with a distinct formulation difference between US and European versions.

chocolatecandy-barnougat
View all brands owned by Mars, Incorporated

Cheez-It Ownership: Pros & Cons

Advantages

  • +Mars' massive global distribution network provides potential for international expansion
  • +Financial stability from one of the world's largest private companies
  • +Mars' R&D resources support product innovation and development
  • +Part of a focused snacking portfolio alongside complementary brands like Pringles and Pop-Tarts
  • +105 years of brand recognition and consumer loyalty
  • +Over $1 billion in annual retail sales demonstrates strong market position

Considerations

  • -Mars is privately held, limiting public financial transparency for the brand
  • -Integration following the $36 billion acquisition may cause operational disruptions
  • -Brand strategy may shift to align with Mars' corporate priorities
  • -Potential for manufacturing or supply chain changes during integration
  • -The cracker category is in slight decline, with dollar sales down 0.5% and unit sales down 0.7%
  • -Consumer trends toward healthier snacks and clean-label products challenge traditional cheese cracker positioning
  • -Palm oil sourcing remains an ongoing environmental concern

Frequently Asked Questions About Cheez-It

Sources & Further Reading

  • Mars Completes Acquisition of Kellanova (December 11, 2025)
  • SEC 8-K: Kellanova Merger Filing
  • Kellanova Q2 2025 10-Q
  • Baking Business: Cracker Market Analysis
  • Benzinga: Kellanova Q2 2025 Earnings
  • FoodNavigator: Kellanova Commercial Strategy
  • Cheez-It Official Website
  • Mars Corporate Website
  • Mars Sustainable in a Generation Plan
  • Wikipedia: Cheez-It
  • Wikidata: Cheez-It

Competitors to Cheez-It

These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.

BrandParent CompanyCountryFoundedMarket PositionPrimary MarketGender Target
RitzRitz
Mondelez International
USA
1934
Mass marketGlobalAll Genders

Learn More About Competitors

RitzFood Beverage

Ritz

Owned by Mondelez International, Inc.

American brand of snack crackers known for their round, buttery flavor, produced by Mondelez International.

crackerssnacksbiscuits

Competitive Analysis

Market Positioning: Cheez-It competes with 1 brands in the same categories, ranging from mass market to luxury positioning.

Geographic Distribution: Competitors are headquartered across multiple regions, indicating global competition in this market segment.

Brand Heritage: Competitor brands range from established heritage brands to newer market entrants, with founding years spanning several decades.

Independent Alternatives to Cheez-It

Looking for brands with different ownership structures? These similar brands are not owned by Mars, Incorporated, giving you alternative choices that support different corporate structures.

AeroFood Beverage

Aero

Owned by Nestlé S.A.

British chocolate brand known for its distinctive aerated, bubbly texture, produced and distributed by Nestle and sold primarily in the United Kingdom, Canada, and select international markets.

chocolateconfectionerysnacks
Publicly Traded

Aero is owned by Nestlé S.A., a public company, a different structure than Cheez-It's parent.

DoritosFood Beverage

Doritos

Owned by PepsiCo, Inc.

American brand of flavored tortilla chips produced by Frito-Lay, a subsidiary of PepsiCo. Over $2 billion in annual retail sales.

tortilla-chipssnackscorn-chips
Publicly Traded

Doritos is owned by PepsiCo, Inc., a public company, a different structure than Cheez-It's parent.

Frito-LayFood Beverage

Frito-Lay

Owned by PepsiCo, Inc.

American snack foods division of PepsiCo, producing Lay's, Doritos, Cheetos, Tostitos, Fritos, and other snack brands.

snackscorn-chipspotato-chips
Publicly Traded

Frito-Lay is owned by PepsiCo, Inc., a public company, a different structure than Cheez-It's parent.

FritosFood Beverage

Fritos

Owned by PepsiCo, Inc.

American corn chip brand created in 1932 by Charles Elmer Doolin, produced by Frito-Lay (PepsiCo Foods North America).

corn-chipssnacksamerican-classic
Publicly Traded

Fritos is owned by PepsiCo, Inc., a public company, a different structure than Cheez-It's parent.

GamesaFood Beverage

Gamesa

Owned by PepsiCo, Inc.

Mexico's largest manufacturer of cookies and crackers, producing popular brands like Emperador, Marias, and Saladitas, owned by PepsiCo since 1990.

cookiescrackersmexican-snacks
Publicly Traded

Gamesa is owned by PepsiCo, Inc., a public company, a different structure than Cheez-It's parent.

Lay'sFood Beverage

Lay's

Owned by PepsiCo, Inc.

American potato chip brand manufactured by Frito-Lay, a subsidiary of PepsiCo. Founded in 1932 by Herman Lay, Lay's is the world's largest snack brand with over $6.5 billion in annual U.S. retail sales.

snackspotato-chipssavory
Publicly Traded

Lay's is owned by PepsiCo, Inc., a public company, a different structure than Cheez-It's parent.

Jobs at Mars, Incorporated

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Last reviewed: August 1, 2026 · Reviewed by Who Brands Editorial Team