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Mars seeks $1bn in sales in ME
- Thursday, May 01 - 2008 at 07:38
Mars GCC, a wholly owned subsidiary of Mars, Inc, one of the world's leading food manufacturers, is seeking to grab a larger share of the region's $2bn snack food market by tripling its business to $1bn in sales by 2015. The company also said it plans to invest about Dhs400m ($109m) to expand its Jebel Ali factory in the UAE over the next few years. The company has been growing by more than 20% on average annually over the last five years in the region.
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Jeff Florian, Senior ReporterThursday, May 01 - 2008 at 07:38 UAE local time (GMT+4)
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