
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.
| Brand | Parent Company | Ownership Type |
|---|---|---|
| Cheez-It | Mars, Incorporated | Wholly owned |
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.
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.
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.
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 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.
These competing brands operate in the same categories and provide similar products or services. Compare key attributes to understand market positioning and competitive landscape.
| Brand | Parent Company | Country | Founded | Market Position | Primary Market | Gender Target |
|---|---|---|---|---|---|---|
| Mondelez International | USA | 1934 | Mass market | Global | All Genders |
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.
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